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  • Daniel Futej Rudolf Sivák In order to increase consumer protection in the Slovak Republic, several acts relating to bills of exchange have recently been amended. However, these changes do not only concern consumers. Amendments were passed because bills of exchange – and the strict fulfillment of their obligations – are easy to abuse. Sadly this abuse does occur, particularly in dealings with consumers.
  • Struggling foreign companies keep finding new ways to restructure in England. But as Milbank's Matthew Czyzyk explains, their tactics are facing tougher scrutiny by the courts
  • Transatlantic dialogue on financial services? How open is Europe to American capital?
  • Further regulatory guidance is needed to unleash China’s new market. In the meantime, counsel are busy speculating over its biggest driving force to-date
  • Counsel in China have high hopes for the proposed overhaul of the country's credit assessment system, but stress that a host of other regulatory issues need to be ironed out, particularly surrounding wealth management.
  • What underpins any FMI reforms Financial regulators in Asia have called for the need to establish common regulatory infrastructure for the region's capital markets, rather than simply importing western regulatory regimes.
  • Cyprus takes home the NPL prize The Cypriot government has passed a suite of legislative reforms in an attempt to confront the non-performing loan (NPL) problem plaguing its economy.
  • The lighter side of the past month in the world of financial law
  • Is Alibaba's Jack Ma replicating Amazon's Jeff Bezos' successful Washington Post buyout in Asia? Or is it merely a pipedream?
  • The Central Bank of Argentina (BCRA) has issued amendments that significantly loosen the country's system of exchange rate controls. The move signals the further liberalisation of the national economy and is expected to stimulate its capital markets.