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  • Coeur Défense: a final twist for creditor rights
    In the latest twist to the Cœur Défense case, a Versailles court has recognised creditors’ rights. The counsel who pleaded the case explains the rulings
    March 22 2013
  • Italy’s transaction tax: early lessons
    Italy has become the latest EU nation to introduce a financial transaction tax. But who do the rules apply to, and how will the tax will be levied?
    March 22 2013
  • What’s holding back UK private placements?
    Banks and lawyers are at odds with the UK Association of Corporate Treasurers, private placement working group over the principal barrier to domestic market growth.
    Danielle Myles, March 22 2013
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    Pro-labour competition policies take hold in Africa
    South Africa is the continent’s guiding light on competition matters
    Danielle Myles, March 22 2013
  • Equity kickers expand in Brazil
    Financing sweeteners are being used in Brazil to encourage local borrowing by inbound investors.


    Danielle Myles, March 22 2013
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    Commerzbank’s SME covered bond
    The German bank’s hybrid debt instrument could revolutionise SME lending in Europe, and is a test case for securitising non-traditional assets
    March 22 2013
  • Portugal’s transformative privatisiation unravelled
    The privatisation of ANA, a Portuguese airport concession company, has revealed the country's ability to attract foreign investment notwithstanding its precipitous debt crisis.
    March 22 2013
  • The big bang for Chinese asset management
    China’s asset management industry is seeing a drive towards expansion and unification. But will it benefit all parties?
    March 22 2013
  • Identifying South Africa’s hidden business risks
    The Black Economic Empowerment (BEE) initiative may not be a legal requirement, but it is one of the most important business requirements for potential investors into South Africa today.
    March 22 2013
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    Changes to Slovak tax legislation
    Daniel Futej Rudolf Sivak This article provides a brief overview of important legislative changes in Slovak tax legislation which have recently come into effect. Based on the amendment to the Income Tax Act, as of January 1 2013, Slovakia no longer has a flat rate tax for companies (legal persons) and individuals. The tax rate for companies increased from 19% to 23%. As regards individuals (natural persons), two tax rates exist, and these will be applied in the following way:
    March 22 2013
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