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The EU’s landmark directive changes the regime applicable to French financial investment advisors

Urs Feller and Marcel Frey of Prager Dreifuss provide an overview of the rights of heirs when identifying Swiss assets

Fieldfisher has opened a new office in Luxembourg, hiring Ingrid Dubourdieu to head up the new operation. Dubourdieu is a funds and regulatory lawyer. The firm says that the firm will also expand to offer corporate M&A and tax services. The move follows the firm's other recent office openings in Amsterdam and Frankfurt.

Two years have passed since the Monetary Authority of Macau (AMCM) organised the Development of Financial Leasing Business in the Macau SAR forum in Beijing. The purpose of the forum was to promote the implementation of Macau SAR (MSAR) governing lines for the development of the MSAR financial leasing system and to leverage MSAR as a platform between China and Portuguese speaking countries, and between the Greater Bay Area and Europe, within the Greater Bay Area initiative and China's One Belt One Road initiative, a position reiterated in the 2018 governing lines. Since the forum, China and Hong Kong SAR's banking and financial institutions have shown increased interest in Macau's financial leasing business. These financial institutions have a certain degree of expectation on the amendments that will be introduced to the present legal systems and that additional benefits will be created in relation to financial leasing companies' operations from and to MSAR. So far, two financial leasing companies have been incorporated and their operations authorised in Macau, in addition to the general authorisations that have been issued for banks to operate in Macau.

Rishabh Shroff and Varsha Reddy of Cyril Amarchand Mangaldas examine Indian rules surrounding investment in Japan

As part of its continuing bureaucratic and economic reform programme, the Indonesian government has streamlined the country's expatriate employment requirements. The new rules, which are set out in Presidential Regulation No 20 of 2018, come into force at the end of June 2018, three months after the Regulation's promulgation.

Cov-lite makes lending more streamlined and efficient for borrowers, but at what cost?

The National Assembly has enacted the Law on Public Debt Management 2017 (LPDM 2017) which will be effective on July 1 2018. In comparison with the previous law, the LPDM 2017 imposes more stringent conditions on the new issuance of government guarantees for foreign loans of enterprises implementing investment projects, thereby leading to more difficulty in obtaining government guarantees for financing of enterprises and their projects, particularly for those with foreign-sourced funding.

The landmark EU regulation is expected to impact businesses in the region. But they also need to comply with myriad of local rules

Barclays will launch a law-tech incubator in London, in partnership with the Law Society and with the backing of a dozen law firms. Stephanie Pagni, general counsel for Barclays UK, tells IFLR how the project has developed