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  • Andrés Sanjur In the past decade, the Republic of Panama has evolved substantially in every single aspect, from the expansion of the Panama Canal to the enactment of laws fostering investment and the establishment of multinationals; and certainly, the Panamanian capital market is not an exception.
  • Strasser Capital has become the first in Europe to place a senior secured Climate Bond-certified green loan, opening a new market for financing sustainable projects.
  • Venezuela's latest sovereign bond issuance has left the market perplexed, with investors unsure of the rationale behind this transaction. Reports in the press point to $5 billion worth of 20-year bonds with a coupon of 6.5% - a far cry from the 20% normally commanded by investors buying debt from the troubled nation and from some of its state-run organisations. This issuance is also the first recorded sovereign deal in the Latin American country in over five years.
  • 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.
  • Italy's largest bank's sale of its asset management unit could spur copycat divestiture deals from more lenders keen to ride out the country's financial crisis.
  • Asset managers are struggling to find their way when it comes to the new rules
  • Luis Antonio Semeghini de Souza Fabiola Cammarota de Abreu In the prevailing Brazilian economic environment, the potential acquisition of assets without the risks resulting from successor's liability is of great value. The recovery of the enterprise and the productive unit, rather than the recovery of the entrepreneur, is one of the principles adopted by the Brazilian Judicial Recovery and Bankruptcy Act (JRB Act, law no. 11.101/2005).
  • Elias Neocleous On December 15 2016, the Cyprus Securities and Exchange Commission (CySEC) issued for consultation a draft law dealing with the submission of complaints about regulatory infringements and the protection of persons raising such complaints, together with a draft explanatory circular regarding the implementation of the proposed law.
  • 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.
  • The lighter side of the past month in the world of financial law