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  • Guatemalans are just a few weeks away from heading to the polls to participate in the country's general elections (presidential, congress and municipal)
  • An inaugural issuance of tier 2 bonds has revealed widely-held confidence in the budding asset class. It also creates a structure for others to replicate
  • On June 29 2015, the Minister of Manpower of the Republic of Indonesia issued a new regulation on the procedures of employing foreign manpower
  • On July 8 2015, the Consumer Protection (Regulation of Credit Servicing) Act 2015 was enacted into Irish law
  • Subordination agreements are frequently used in financing operations as a way to allow the debtor to obtain a subordinated financing from a junior creditor (usually a related party) without deteriorating the senior creditors' position
  • The Philippines recently enacted Republic Act 10667 or the Philippine Competition Act (Act), which defines, prohibits and penalises anti-competitive agreements, abuse of dominant position, and anti-competitive mergers and acquisitions
  • The most extensive amendment to the Copyright Act, adopted due to the ever-expanding use of information technologies, is to enter into force in January 2016
  • A major reform of the overall Swiss financial markets regulation is underway. As part of the changes, the draft bill of the new Financial Institutions Act (FIA) will affect licensing of institutions active in investment management
  • The Commercial Companies Law 11 of 2015 (New Companies Law) received Emiri assent on June 16 2015 and will replace Law 5 of 2002 (Old Companies Law) 30 days after its publication in the official gazette
  • The US Commodity Futures Trading Commission has issued its first exemption from registration as a derivatives clearing organisation (DCO) to Australia's ASX Clear