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  • Yozua Makes and Prawidha Murti of Makes & Partners examine the practical challenges found when a party attempts to enforce a foreign arbitral award in the Indonesian courts
  • The regulator has recently amended its general method for imposing financial sanctions, sending a signal that compliance is key
  • Both jurisdictions have similar rules but also some key differences, including in-scope products and entities
  • Ireland's banking regulator, the Central Bank of Ireland (CBI), recently levied a substantial fine on a major Irish banking institution by way of sanction for breach of anti-money laundering/counter terrorist financing requirements (AML). AML has consistently been a primary focus of the CBI's supervisory functions in recent years, including annual themed inspections across the industry to check AML compliance. With the impending implementation in June 2017 of the EU's Fourth Anti-Money Laundering Directive (4AMLD), compliance with AML will continue to be a key issue for banks and financial institutions in Ireland.
  • The EU directive has disoriented the investment research market. Will it find the correct path forward?
  • The purchase of immovable property in the Republic of Panama requires adhesion to specific formalities and solemnities. Among the most relevant are: (i) the contract must be in writing; (ii) the contract must be formalised by a public deed authorised by a public notary of the Republic of Panama; and, (iii) the public deed must be registered at the Public Registry of Panama (PRP).
  • New EU legislation for structured products will impact non-EU distributors. They need to prepare now
  • C-suite pay is getting a rise out of shareholders Like much of 2017, Europe in May can be characterised by at times nail-biting general elections. This time it was France's turn in the polling booth and for international investors, a brief sigh of relief as the country opted for centre-left candidate Emmanuel Macron, seeing off a challenge from the far right. And with never a dull moment on the continent, next up will be the UK (yes, again) in early June.
  • The finances of some of China’s main banks are triggering red flags China has in recent years been battling excessive leveraging and the high levels of non-performing loans (NPLs), with the People's Bank of China having taken firm action to tackle the issues. The central bank has, among other things, diversified the maturity structure of open market operations and imposed tighter prudential rules on off-balance sheet wealth management products (WMPs) – high-yield savings products issued by banks or financial institutions.
  • Following months of a political vacuum at the top of South Korea's political chain, the world's 11th economy has elected a human rights lawyer-turned-politician candidate to head a country increasingly resentful towards the chaebol, or family-owned conglomerates. Moon Jae-in of the Democratic Party of Korea, who served as chief of staff to the late president Roh Moo-hyun, has been widely touted as the first liberal president in South Korea after nine years of conservative rule.