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  • Behind the headlines and regulatory initiatives, the local markets still have room to develop
  • The US’s status as unofficial rule-setter of the world has been reaffirmed. Its sanctions against the newly opened country present the biggest legal risk to investors the world over
  • The Basel Committee on Banking Supervision's (BCBS) latest framework for the Fundamental Review of the Trading Book has failed to allay the concerns of US counsel about a potential negative impact on market liquidity.
  • Looks a lot like the EC’s retail concerns? Since the Alternative Investment Fund Managers Directive (AIFMD) was fully implemented in 2011 the intention has been to extend the passport scheme to non-EU fund managers.
  • Counsel in the US are examining new rules on margin requirements for uncleared swaps. While the rules will boost counterparty risk management, they may also negatively impact the availability of collateral, boost shadow banking and increase transatlantic regulatory arbitrage.
  • Increasing antitrust enforcement and doubt over M&A insurance are top concerns among the region's corporate counsel
  • A practice has recently been implemented in the Slovak construction market designed to ensure that subcontractors, considered to be the weaker party, get paid for their work
  • In late December 2015, Indonesia’s capital market regulator (Otoritas Jasa Keuangan or OJK) issued several new regulations affecting the venture capital industry in Indonesia
  • Multinationals are still pouring into the region. Winston & Strawn's Zoe Ashcroft explains why a joint venture's structural foundation is key to its success
  • So after months of rumour and speculation, it's official: the beast that is Mifid [Markets in Financial Infrastructure Directive] II is to be delayed. To the disappointment of some but the glee of most, the European Commission formalised the announcement in February.