IFLR Search

Brazil: Successor’s liability

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).

January 26 2017

China’s capital flight crackdown could have undesired effects

The more the government restricts the flow of capital, the stronger the demand for foreign money

January 26 2017

Cyprus: Reporting regulatory infringements

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.

January 26 2017

Americas

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.

January 26 2017

Colombia: Fintech regulation

Carlos Fradique-Méndez Camilo Vásquez The financial technology (fintech) industry continues to expand globally and many countries have started to regulate the industry with varying approaches. Some countries aim to stimulate innovation, whereas others take an opposite approach, arguing the case for the safety of consumers, and establishing relevant regulations.

January 26 2017

Honduras: Financial System Law reforms

José Ramón Paz Morales On December 29 2016, the Financial System Law (FSL), which is the law that regulates banks and financial institutions that perform financial intermediation in the Republic of Honduras, was substantially reformed. This is the first time since the FSL's enactment in 2004 that such important reforms have been made to legislation in this area of the law.

January 26 2017

Indonesia: Peer-to-peer lending

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.

January 26 2017

Ireland: Brexit: Irish regulatory planning

John Breslin Callaghan Kennedy The impact of the UK's exit from the EU is one of the major headwinds for the Irish economy in 2017. Ireland has traditionally had a close trading relationship with the UK across all major sectors of the economy. Accordingly, in many respects Irish economic fortunes have been closely allied with those of the UK.

January 26 2017

Philippines: Promoting foreign investment

Aaron Roi B. Riturban In line with the policy of the Philippine government to attract and promote investment from foreign nationals in activities that make important contributions to the industrialisation, socio-economic development and sustainable inclusive growth of the country, the Philippine Congress enacted Republic Act no 10881. The Act lifts the foreign investment limitations found in laws governing (1) adjustment companies, (2) lending companies, (3) financing companies, and, (4) investment houses.

January 26 2017

Switzerland: Fintech boost in Switzerland

Tina Balzli Joel Fischer Fintech is currently a hot topic in many jurisdictions, particularly when it comes to facilitating innovation in that area from a regulatory perspective.

January 26 2017

Search results for