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  • On June 15 2018, the Swiss Parliament adopted the Swiss Financial Services Act (FinSA). In the meanwhile, the Swiss Federal Council opened a consultation process regarding the Financial Services Ordinance (FinSO), implementing the provisions of the FinSA, which will last until February 6 2019. Together with the new Swiss Financial Institutions Act, the FinSA and the related implementing ordinances are expected to enter into force on January 1 2020. These laws are part of an entirely new regulatory framework governing the Swiss financial markets.
  • If his work at the Fed is anything to go by, Randal Quarles' appointment as chair of the Financial Stability Board could bring regulatory liberalisation to the many
  • Sponsored by Hogan Lovells
    There are still some areas of uncertainty when it comes to the regulation of cryptocurrencies
  • Sponsored by Elias Neocleous & Co
    On September 14, the Central Bank of Cyprus (CBC) published its latest analysis of data on non-performing loans in the Cyprus banking sector. The analysis covered the period to May 31 2018, and showed aggregate non-performing facilities and related indicators for the domestic operations of credit institutions operating in Cyprus.
  • Sponsored by Orrick Herrington & Sutcliffe
    Authorities are planning to strengthen the oversight of PRC companies involved in technology transactions with the US
  • IFLR magazine's December/January 2019 cover story looks at why deals fall apart even if M&A parties are initially dealt a good hand
  • On July 6 2018, the 196th ordinary session of the Diet passed the Work Style Reform Act (Act) into law. The Act, which amends the Labour Standards Act (LSA) and other laws and regulations concerning working hours and annual paid leave, is intended to ensure that employees do not work long hours and enjoy a diverse work-life balance that suits their individual circumstances.
  • BNY Mellon's Susan Revell addresses some of the key regulatory themes that have affected the EU this year
  • Throughout history, money laundering has been used in various criminal areas, such as drug trafficking, terrorism, and investment and banking fraud. The subjects practising such activities usually seek out nations that have weak regulation and supervision of these matters.
  • Saudi Arabia’s new law introduces a framework for the winding down of distressed businesses in the country for the first time