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With our economy finally showing clear and consistent signs of recovery, the Spanish legislator has responded to an old demand from entrepreneurs and representatives of some of the most relevant SMEs in the country

As Europe's financial regulatory onslaught approaches its end, attention is turning to market inefficiencies that have fallen by the wayside. These are the issues that receive very little press. Often because they are not contentious, and contrary to the post-crisis anti-regulator mindset, market overseers are not to blame.

André Figueiredo, PLMJ Jesús Mardomingo, Dentons The clear trend in late April and early May among US firms in the UK and Brussels lateral hire markets was a desire to add competition capacity. MAYER BROWN was one of the first to move, hiring Berwin Leighton Paisner's EU competition head David Harrison to co-head its own team in the area. He had been with BLP for 10 years. Mayer Brown also suffered a loss as GREENBERG TRAURIG MAHER announced its hire of the firm's London head of antitrust and competition Gillian Sproul, who had been with the firm since moving from Dentons in 2005. JONES DAY looked to boost its Brussels team with the addition of Philipp Werner from US rival McDermott Will & Emery. A state aid specialist, Werner acts on EU and German competition law matters.

The Chinese government's economic retreat has undermined its implicit backstop of state-owned entities (SOE). Investors have emphasised the importance of credit research in the country.

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

Hopes for the region’s biggest economy are tarnished by legacy issues and incoming reforms

The central bank of Indonesia, Bank Indonesia (BI), has issued a new regulation requiring individuals and corporations to generally use rupiah in transactions in the territory of the Republic of Indonesia

The Bribery Act is of little use while it is still being tested Buyers interested in business lines and assets being sold by Brazil's state-run oil company need to beware the corruption liability they may assume. Indebted oil giant Petrobras is looking to sell assets to shore up its financials and focus on its core business amid bankruptcy concerns and a corruption scandal. For potential buyers though, the liability hangover could cost them more than the deal itself.

On March 9 2015, the Malaysian Securities Commission (SC) issued the Guidelines on Unlisted Capital Market Products (Guidelines) under the Lodge and Launch Framework (Framework)

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