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It's been a year since Donald Trump first took office, and there has been much discussion about how successfully he has implemented his campaign promises

China has been stepping up its efforts to tighten regulations to rein in financial risks. The latest moves include strengthening lending regulation for online microloans by banning unlicensed operations and setting borrowing limits. These cash loans typically charge high interest rates and are targeted towards those with limited access to credit, poor credit history and/or who need access to funds quickly. There are over 2,500 online platforms providing short-term loans to 10 million users in China with loans in this sector totalling in excess of RMB1 trillion ($155 billion).

With five months to go until the regulation goes live, how are businesses in Asia doing when it comes to compliance?

A part of a company's equity, other capital funds, can be defined as funds created from the contributions provided by shareholders. They are created usually when there is a need to swiftly increase the company´s equity.

As one of Vietnam's efforts to strengthen the national banking system, which has been unstable in recent times, on November 20 2017 the National Assembly introduced a new law amending and supplementing a number of articles of the 2010 Law on Credit Institutions (Amended LOCI). The new law came into effect on January 15 2018.

Thailand has enjoyed a relatively stable petroleum law regime since 1971 when the Petroleum Act BE 2514, 1971 (PA) and the Petroleum Income Tax Act BE 2514, 1971 (PITA) were enacted. Thailand adopted a modern form of petroleum concession, which has been updated from time to time. There have been 20 bid rounds, the last in 2007. A number of commercial oil and gas discoveries have been made, and as of 2017, there were 38 concessions in force. However, Thailand has limited geological prospects for oil and gas, and it imports more than 40% of its natural gas requirements.

Banks have not been able to engage in proprietary trading since the financial crisis. But reform could be on the cards, says Tom Quaadman, executive vice president of the US Chamber of Commerce’s Center for Capital Markets Competitiveness

Ahead of the curve A Malaysian company has issued the first sukuk backed by future payments made on real estate projects

Matthew Cox Leila Hubeaut Between December 2017 and January 2018 several international firms scaled back their EMEA networks. Norton Rose Fulbright closed offices in Abu Dhabi and Almaty in this period, relocating its staff in the former office to Dubai and exiting Kazakhstan entirely. The firm's Almaty team have established a new local law practice, KM & Partners.

A new regulation in Colombia has the potential to dramatically improve the Colombian financing landscape. The Colombian Central Bank recently began allowing foreign entities to lend Colombian pesos to local entities. Before that, foreign loans could only be extended in foreign currency with the corresponding foreign exchange risk (subject to the ability of arraigning for peso-linked facilities).