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Considering the controversy surrounding Brexit, the escalating Italian banking crisis and the appointment of Donald Trump as the US' 45th president, it's no wonder coverage of the Greek debt crisis has taken a backseat.

João Nuno Riquito Carlos Eduardo Coelho In the last quarter of 2016, the Chinese premier announced several new measures and policies focusing on the diversification of Macau's very one-sided (gaming) economy. In particular, some of those measures are expected to support the development of Macau's finance industry ultimately aiming at the transformation of its economic structure.

Following a few steady months leading up to the end of 2016, the past few weeks have in contrast seen an explosion in lateral moves.

Daw Khin Cho Kyi The new Myanmar Investment Law (MIL) was enacted on October 18 2016, replacing the previous Foreign Investment Law (2012) (FIL 2012) and Citizens Investment Law (2013).

The financing for Bahrain's first ever liquefied natural gas (LNG) import terminal project has reached financial close, with further expansion planned. This stage of the project, which is also the Middle East's first LNG receiving and regasification terminal to be financed on a public-private partnership (PPP) basis, was done without a designated PPP law.

Oene Marseille Emir Nurmansyah In late December 2016, the Financial Service Authority of Indonesia (OJK) issued a regulation on the peer-to-peer lending business. The regulation affects peer-to-peer providers of loan products operating via internet platforms.

Many rumours and news reports have circulated in recent days about the State Administration of Foreign Exchange (Safe) putting a gag order on financial institutions by prohibiting them from attributing new capital control restrictions to the foreign exchange (forex) regulator, and publishing negative forecasts on the yuan's performance.

It's been a busy summer in Australia with DENTONS formally completing its tie-up with GADENS, a year after the deal was first approved. THOMSON GEER hired construction and infrastructure expert, Simon Ralton, from MinterEllison. For its part, MINTERELLISON appointed insurance partner Mark Williams from DLA Piper.

Makiko Harada In December 2016, the Cabinet of Japan announced that the amended Act on the Protection of Personal Information will be fully implemented on May 30 2017. One of the main objectives of the amended Act is to create a framework that recognises and addresses the fact that transfers of personal data occur on a global scale. Specifically, rules addressing transfers of personal data out of Japan will be established.

Fernando Torrente Daniella Zussa Florian Biesalski It was also an active month in France with the fallout from KWM taking centre stage. GOODWIN PROCTER was one to take advantage, recruiting private equity and funds partner Arnaud David, previously co-head of investment funds at the ailing firm. David brought with him a team of four associates. The firm also appointed Marie-Laure Bruneel to the partnership from De Pardieu Brocas Maffei. KWM also lost its other co-head of investment funds, Nathalie Duguay, who switched to WILLKIE FARR & GALLAGHER to join its fund formation and asset management team.