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The creation of a new Renminbi (RMB) hub in Canada has the potential to lower friction costs for trades between China and companies across the Americas.

Chinese companies must wake up to the realities of operating in the US Chinese companies making acquisitions in the US should expect increased litigation risk, according to counsel in both countries. The best form of protection is distance between the parent and subsidiary. There's been a tangible increase in the number of Chinese firms purchasing US factories, plants and real estate in the country over recent years. In the past, litigating against a Chinese company was perceived as fruitless because it was difficult to collect on a ruling. But with those companies now holding more assets in the US, there are more opportunities for them to be seized.

Elias Neocleous At the end of January 2015 a number of detailed amendments were made to Cyprus laws regulating the financial and investment sector to align them with EU legislation. The principal changes were to the Takeover Bids Law of 2007, Alternative Investment Fund Managers Law of 2013, and the Business of Credit Institutions Law of 1997. Law 7(I) of 2015 amends the requirement contained in article 13(1) of the Takeover Bids Law for a mandatory bid to be made when a certain percentage shareholding is reached. Following the amendment, this requirement does not apply in the event that the acquisition (or possession) of titles arises due to the application of resolution tools, powers and mechanisms provided for in title IV of the EU Bank Recovery and Resolution Directive. This is in line with article 119 of that directive.

The central government is tackling the national debt crisis through a disciplined approach that focusses on the long-term health of the financial markets

The government privatisation bucked the regional trend by using both Reg S and Rule 144A offerings

It’s crunch time for the revised Markets in Financial Instruments Directive. Esma must heed the industry’s concerns over liquidity, costs and access to prevent disaster in 2017

Market participants have warned about liquidity shortages and market volatility as possible causes of the next so-called black swan event.

The new Minister of Finance, Vishnu Lutchmeenaraidoo, presented his first budget on March 23 2015. He qualified the budget as a no-tax budget, although it is perhaps more accurate to describe it as a no-new-tax budget. It is clear that the budget is aimed at boosting growth and investment.

Oene Marseille Emir Nurmansyah The central bank of Indonesia, Bank Indonesia, has issued regulation 16/21/2014, which is effective as of January 1 2015, requiring all non-exempt, non-bank entities to comply with certain minimum hedging, liquidity, credit rating, and reporting requirements when they take out foreign loans. The regulation applies to all foreign loans, which is defined broadly to include all rupiah or foreign-currency denominated debts owing by a resident of Indonesia to a non-resident. Resident of Indonesia includes any person or legal entity that is has been or plans to be domiciled in Indonesia for at least one year.

Rodrigo de Campos Vieira Due to the historic lack of financing sources for hotel projects in Brazil, the market has sought out creative fundraising mechanisms to meet the substantial deficit of hotel rooms in Brazil. The most successful financing structure known to date, referred to as condo-hotels, involves the sale of autonomous units from real-estate development projects or as an ideal fraction of real estate. The former integrates a pool of hotels managed by a professional operator, to individuals or corporations. The proceeds of the real-estate development project are distributed to the owners of the condo-hotel units by the operator of the pool of hotels.