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Steve Mickelsen, General Counsel, 3Degrees Group and Martin Dunn, Senior Counsel, Morrison & Foerster offer their views on this hot topic

It has been nearly five years since the skin in the game requirement was implemented. Has it made a difference?

The Eastern Economic Corridor (EEC), covering the Rayong, Chonburi, and Chachoengsao provinces, is part of the Thai government's Area-Based Development Policy and is intended to implement the Thailand 4.0 policy. The goal is to make the EEC ASEAN's leading centre for trade, investment, and logistics. To achieve this, the Board of Investment (BOI), established under the Investment Promotion Act (1977), encourages both foreign and domestic investment through tax and non-tax incentives. The EEC Bill was approved by the NLA on February 14 2018 and will soon be enacted as an Act.

As of January 1 2018, a new long-term interest rate for loans granted by the Brazilian National Economic and Social Development Bank (Banco Nacional de Desenvolvimento Econômico e Social or BNDES), known as TLP, is in force.

The increase in the regulation of securities and financial markets since 2008 will reach its peak in 2018 (with the revised set of Basel IV regulations arriving only, hopefully, in 2027).

Numerous changes to the Slovak Income Tax Act were adopted in late 2017. We believe the most important of these changes were the tax exemption on the sale of shares and ownership interests, and the introduction of a new exit tax.

The Central Bank of the Philippines (BSP) has previously approved the rules and regulations governing virtual currency exchanges in the Philippines.

Overcoming misguided criticism regarding their level of transparency and punitive character, these tools have proven essential to resolution

Plans for a European banking union have been a long time in the making. Since 2012, the EU has been in conversation with member states to strengthen the bloc against economic shocks. These conversations have intensified over the last few weeks but Germany's acting finance minister Peter Altmaier said that clarifications on risk sharing and reduction need to be made in order to proceed to the next stage.

IFLR's fifth annual Merger Control Survey was conducted on a global basis over a two month period. Based on the responses, legal systems in each jurisdiction have been rated on a spectrum that ranges from predictable and light touch regulation to unpredictable or highly intrusive regulation. The ratings do not indicate whether or not a particular approach is justifiable or reasonable.