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Much has been said about the results of Colombia's fight against corruption; from its 90th position (out of a total of 176 countries) ranking in the Corruption Perceptions Index of Transparency International, to recent scandals directly affecting major infrastructure projects. Set against this background of cultural issues and perception problems, the recent wave of cross-border corruption cases (for example, Odebrecht and Canal Isabel II) has served only to set the spotlight even more firmly on Colombia as a country with a historic reputation for corruption.

While uncertainties remain as to the new rules, they could have some wide ramifications for companies doing business in the country

On March 30 2017, Japan's Financial Services Agency (JFSA) published its principles regarding customer-oriented business operations, which relate to financial business operators' fiduciary duties.

On March 1 2017, the Swiss rules on the disclosure of substantial shareholdings were amended. As a result, persons and entities exercising a discretionary power to vote shares based on the delegation of voting rights may now disclose either the person effectively exercising discretion or the consolidated position held by the ultimate controller.

The EU directive has disoriented the investment research market. Will it find the correct path forward?

The Federal Council has proposed amendments to rules for companies limited by shares. But excessively complicated processes remain

Funds which diversify across multiple entities and jurisdictions could be well placed to respond to the uncertainty surrounding the future of London’s financial hub status

The Brazilian government has been making concerted efforts to eliminate red tape and generally improve the country's business environment. A new package of measures aims to eliminate bureaucratic procedures to reduce the so-called Brazilian cost - the set of structural and economic difficulties that make doing business in Brazil so expensive. The new rules simplify legal requirements for the creation of security interests in Brazil and improve institutional and legal stability.

Yes Cornerstones, which began in Hong Kong as a mechanism to attach prestigious names to new listings to generate interest and momentum, appear to have evolved into becoming security blankets to minimise the risk of failure, especially for deals launched in choppy waters.

Gönenç Gürkaynak and Öznur İnanılır of ELIG, Attorneys-at-Law assess the impact of recent changes made to Turkey’s competition law framework