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  • On August 6 2015, the European Securities and Markets Authority adopted a set of draft regulatory technical standards (DRTS) (not yet in force) implementing the clearing obligation of OTC derivatives products under the European Market Infrastructure Regulation (EMIR)
  • As from March 2014, for the first time, the selling and trading of rights issues was explicitly permitted under the rules of the Qatar Financial Markets Authority (QFMA), the body regulating the listing and trading of rights issues of Qatari public joint stock companies on the Qatar Exchange
  • In May, the Slovak parliament adopted reforms to civil procedure
  • Jürg Frick of Homburger explains Switzerland’s regulatory approach to fund management, and the pitfalls for asset managers
  • The Egyptian government is making serious continuing efforts to remove any obstacles facing investors and to resolve any issues they may face in their investments
  • A non-Philippine resident foreign reinsurer has to meet the paid-up capital requirement applicable to its Philippine counterparts in order for it to have a resident agent licensed by the Insurance Commission of the Philippines (IC)
  • On September 17 2015, the Brazilian Securities Exchange Commission (CVM) enacted a regulation (CVM instruction number 567) setting out a new regulatory framework applicable to share repurchase transactions
  • Indonesia is drafting a new presidential regulation on the management of downstream gas business
  • The Law on Financial Leasing, Factoring and Financing Companies no 6361 (Law), which entered into force on December 13 2012, regulates the establishment and working principles of financial leasing, factoring and financing companies
  • Germany is revising its rules regarding loan origination by AIFs. But the outcome is not yet clear