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The Peruvian Banking Statute, issued in 1997, intended to regulate investment banking activities and established that a licence was required to conduct such activities in Peru

The same regulatory consideration that drove GE Capital to announce the sale of the bulk of its global assets will also drive who is eligible and willing to buy them

Regulators have given financial institutions new responsibilities Anti-money laundering (AML) regulations are no longer a US or EU-only concern, with Asian jurisdictions now meeting – and sometimes surpassing – international expectations. AML compliance is increasingly a focus worldwide. In March the New York Department of Financial Services (NYDFS) ordered Commerzbank to pay $1.45 billion for AML failures primarily in its private banking business in Singapore. In February, the Financial Action Task Force on Money Laundering (Fatf) published a report around the financing of terrorist organisation Islamic State in Iraq and the Levant.

Falling commodity prices have prompted a number of restructurings in Australia. And creditors have developed a new mechanism to maximise value of distressed assets.

A scheme based on the mutual recognition of PRC and Hong Kong funds has recently been announced

Most outbound Chinese investment is conducted through complex entities structured to protect onshore parties. Randall Arthur and Shaun Wu of Kobre & Kim explain how to enforce judgments

Talk of loyalty-based share structures in the UK has drawn some to query if it would encourage – or potentially damage – long-term ownership

The Philippine Bureau of Internal Revenue (BIR) recently required the mandatory use of electronic tax return forms by the non-electronic Filing and Payment System

Last year saw hybrids come back with a bang. Cleary Gottlieb's Sui-Jim Ho looks at whether investors are cognisant of the risks and tradeoffs

Daniel Hasler of Homburger analyses and challenges the effectiveness of recent proposals to amend Swiss corporate law