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  • The US Supreme Court’s Ohio v American Express decision of June 2018 analysed the economics of the two-sided market for credit card transactions
  • The Colombian Central Bank recently issued Regulation 1 of 2018 to replace Regulation 8 of 2000, updating the regulation applicable to derivative operations in Colombia. Regulation DODM-144 was also adjusted to reflect such changes and to clarify the procedures required for the reporting of these operations to the Central Bank.
  • Asia is improving corporate governance. But some companies aren’t jumping at the opportunity
  • Fourteen years after the launch of the Mainland and Macau Closer Economic Partnership Arrangement (CEPA) in 2004, the economic and trade cooperation between mainland China and Macau continues to be strengthened and enriched. Since 2016, a series of amendments have been introduced to CEPA to improve and update the existing provisions, in particular in the fields of trade services, trading of goods, investment and economic and technical cooperation.
  • The market is gaining momentum with increased sovereign, supranational and corporate issuances, and growing government support
  • Pedro Cortés, Rato Ling Lei & Cortés, and António Lobo Vilela look at what might happen when Macau's casino gaming concessions expire in 2020 and 2022
  • Marcus Peter, GSK Stockmann Luxembourg
  • The OECD published in October 2015 an action plan comprising 15 measures to fight base erosion and profit shifting (BEPS) of companies in the international tax environment. In the meantime, more than 100 countries have signed this initiative – the so-called inclusive framework means it's not only limited to OECD/G20 member states anymore.
  • An amendment to the act on employment services came into force on May 1 2018, substantially simplifying the process of hiring third-country nationals (TCNs). The amendment establishes simplified conditions for hiring TCNs in selected professions with a documented shortage of qualified labour in districts with an average registered unemployment rate of less than five percent. In these situations, in the process of granting temporary residence permits for employment purposes, the employment offices are no longer required to review the job market to determine whether Slovak or EU nationals can be considered first to fill vacancies. Likewise, the vacancies for which there is a labour shortage need not be advertised on the official jobs bulletin board at the Labour Office, in print or on the internet.
  • Regulation and risk management expert Bozena Gulija looks at how they are measured in the banking sector