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Colombia's most ambitious infrastructure programme commenced in 2012 with the enactment of Law 1508, which introduced public-private partnerships (PPPs). Later in 2013, the government launched its fourth-generation toll road programme (4G), the largest infrastructure programme in Colombia, aimed at reducing the country's lag in toll road infrastructure while promoting its development.

The presidential election and the case against EU membership have raised questions as to the member state’s options in the event of an exit. But legal obstacles would make the process difficult

The amended Act on Residence of Foreign Nationals came into force in Slovakia on May 1 2017. The priority of this amendment is the transposition of European directives governing seasonal employment and intra-corporate transfers of workers. In terms of business immigration, worth mentioning is the introduction of a simplified procedure for obtaining temporary residence for the purposes of carrying out a business involving an innovative project.

Foreign private issuers should remember best practices for complying with the SEC’s rules as they prepare their earnings releases and filings

Since 2003, the Central Bank of Cyprus has maintained a database known as the Central Information Registry (CIR) to record details of issuers of dishonoured cheques. It is administered by a committee, which has the sole competence to register, maintain, update and delete data regarding registered persons.

On January 16 2017, the Government issued Decree 03/2017/ND-CP (Decree 03) on casino business, after more than a decade in the drafting stage. Under this decree, a casino business enterprise is permitted to operate only within an integrated entertainment, services and tourism zone with minimum investment capital of $2 billion. Decree 03 also mentions 'small scale casino operating enterprises' with total investment capital of less than $2 billion but no specific guidance on this has been given yet. Aside from an investment registration certificate (or investment policy decision), the investment project in an integrated zone is also required to have a certificate for casino business for satisfaction of conditions issued by the Ministry of Finance. Decree 03 also regulates the number of gaming machines and gaming tables based on the total committed investment capital of the project, with maximum of one gaming table and 10 gaming machines for every $10 million of investment capital. The decree also provides that for a period of three years (from the date on which the first casino business enterprise was licensed to conduct the trial), Vietnamese resident citizens, subject to certain restrictions, are permitted to gamble at casino business locations, on a pilot basis.

On March 10 2017, the Federal Council of Switzerland opened a hearing procedure for the amendment of the Lex Koller, the law restricting the acquisition of real estate by persons abroad. The Federal Council proposes in part very severe restrictions. For this reason, the Federal Council is not formally proposing to implement the most controversial changes relating to commercial properties and listed real estate companies, but rather is putting them up for discussion only.

Because of the similarities they share with conventional bonds, sukuk may be a solution to help finance green infrastructure and climate-related initiatives. But some obstacles remain

Eun Joo Kang, Sung Yun Kang and Jay Lee of Bae Kim & Lee discuss the impact of a proposed relaxation of bank ownership restrictions for internet banks

Marcus Chow of Bird & Bird gives an overview of the various sources of financing and initiatives available for fintech startups in the city-state to support their growth strategies