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Amended money-laundering legislation that came into force in the Slovak Republic on November 1 2018 requires companies to register their beneficial owners in the commercial register. Previously, only companies which conducted business with the state or received public funds were required to report their beneficial owners; those beneficial owners were registered in a public register of public sector partners, a register that is separate from the commercial register. The new legislation requires all companies in Slovakia, with the exception of publicly listed companies, to register their beneficial owners in the commercial register.

They've never been popular with sponsors and corporates, but an investors’ market has kept them around. Baker McKenzie lawyers Rob Mathews and Haden Henderson question if now is the time for that to change

David Lyons Two of the big five accountancy firms have opened legal arms in Hong Kong recently: KPMG and Delotte launched SF Lawyers and JE Jamison & Co respectively.

Latham & Watkins lawyers, counsel to World Bank on the milestone transaction, discuss the creation of this new asset class and how the model can be adapted by other issuers

Hong Kong Law Society's risk management head Dmitri Hubbard and Hogan Lovells partner Mark Parsons debate the merits of data protection legislation for Asia-Pac

For companies in financial distress, strengthening the equity base is typically one of the key pillars of a successful turnaround, as lowering the leverage ratio and improving the rating can help to reduce debt financing costs substantially. On top of this, certain (potential) business partners may refuse to engage in or discontinue business dealings with the distressed company if they have doubts about its creditworthiness which can further deteriorate the company's situation. This article sets out a non-exhaustive list of possible routes for a Swiss company (issuer) listed on the SIX Swiss Exchange (SIX) to conduct an equity raise in such a situation which requires, in particular, that the following two requirements can be achieved:

Baker McKenzie lawyers consider how foreign companies should approach the US’ famous Foreign Corrupt Practices Act when the goalposts keep moving

Recent cases in the UK and US have tested the 128-year-old rule. Cleary Gottlieb lawyers explain what this means for future restructurings

Beginning January 1 2019, all corporations registered with the Philippine Securities and Exchange Commission (SEC) are required to disclose their beneficial owners in their annual reports to the SEC. Under SEC Memorandum Circular Number 17 of 2018 (MC 17-2018), all SEC-registered corporations have to reflect in their general information sheets the following information on their beneficial owners: (1) complete names; (2) specific residential addresses; (3) nationalities; (4) tax identification numbers; and, (5) percentages of ownership, if applicable.

Buyside firms must consider regulatory reviews, Brexit and BEPS – tax’s Mifid II – in their relocation strategies. Two longstanding fund hubs are accelerating their efforts to snap them up