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  • In November 2016, the Cyprus Securities and Exchange Commission (CySEC) issued circular C166 dated November 4 2016 to the administrative services providers (ASPs) it regulates. The circular informed ASPs of their obligation to notify CySEC of any changes in their circumstances and personnel, under articles 7, 8, 9, 13 and 25 of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012 (Law 196(I)/2012) (the ASP law). Circular 190, issued on February 21 2017, reaffirms that any changes should be reported immediately.
  • Earlier this year, Indonesia's Ministry of Energy and Natural Resources issued a regulation to regulate the pricing of gas fed into the country's electric generators. PLN, the state's electricity company, is the largest operator of these generators, although the regulation also applies to other electricity producers supplying electricity to PLN.
  • Janney Chong Chinese firm ZHONG LUN has opened its 15th office in China, in Hangzhou, driven by finance partner Yuan Ting. Corporate partner Li Ya and private equity partner Michael Zhang will work alongside Ting with all three partners splitting their time between Hangzhou and Beijing. The new office will provide advice in corporate, finance, restructuring and real estate to clients in Hangzhou and neighbouring areas.
  • The South African retailer's capital reorganisation was complicated by the existence of three tiers of debt, the company’s scale and its national importance
  • Recent US rules were designed to tackle issues identified in some asset-backed security markets. But it’s still uncertain whether keeping an interest in the securities issued will improve their quality
  • Roxanne Almaraz The crossover from February into March has seen plenty of partner movement in the US, with Houston replacing Washington DC as a nascent hotspot for lateral moves.
  • Make financial markets self-correct again
  • The lighter side of the past month in the world of financial law
  • While US bond issuers would tend to favour flexibility in devising their covenant packages, investors can also fight back
  • As far as risk management goes, the term seems almost trivial when applied to Brexit. Getting past the first step – identifying potential hazards and how those scenarios might play out – is difficult. Brexit has no clear form or shape, no step-by-step plan to follow and very little in the way of a timeline, beyond those two years from article 50 being triggered that everyone keeps talking about.