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

On January 21 2019, the Irish Consumer Protection (Regulation of Credit Servicing Firms) Act 2018 (Act) came into force. This Act radically alters the operation of the secondary acquisition, ownership and servicing of performing and non-performing Irish consumer loans, and certain small and medium enterprise (SME) loans (together, Relevant Loans).

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.

Public procurement rules and procedures in Macau at the moment are spread among the different statutes that regulate the different types of contracts that can be entered into with/by Macau public entities. However the government is preparing a Bill with the goal of simplifying and updating, as well as enhancing the public procurement legal regime.

Belgium is in the process of transposing the fifth Anti-Money Laundering Directive, which has a broader scope of application than its predecessors. Here Baker McKenzie lawyers unpick its approach

Regulators are keeping a close eye on HFT following the October trading system glitch on the TSE. Here Morgan Lewis & Bockius lawyers review the new landscape

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:

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

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

Norton Rose Fulbright partner Neil O’May, who recently represented a former Tesco executive, queries whether it’s time to review the deferred prosecution agreement model