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Hong Kong has proposed a regime to ensure creditors will be able to recover value if liquidation is a more favourable solution than resolution. But practical implementation will be challenging

The acting deputy director-general for mergers at the EC’s Directorate-General for Competition discusses key cases and its priorities for 2015

Nawir Messi, chairman of Indonesia’s Commission for the Supervision of Business Competition, spoke with IFLR about its growing role

The regulator's head of M&A, Willard Mwemba, discusses how the body’s merger review process has evolved since its launch in January 2013

The FCA's continued restrictions on the selling of CoCos is leading banks to follow the spirit rather than the letter of the law on other securities

A Hong Kong tribunal started a preliminary hearing last month, involving a US short seller called Citron Research. So far, so standard: the practice of short selling itself has been a part of markets since the 1600s and Kong Hong has historically frowned upon it.

The UK Financial Conduct Authority's (FCA) review of structured product governance has criticised the ways in which the instruments are developed and sold, warning that binding rules may be necessary.

The European regulatory capital market continues to grow, but global and EU reforms are causing concern among investors and issuers

The tips and tricks that will help the region’s dealmakers exceed last year’s record volumes

César Rodríguez The Colombian fourth generation concession programme is seeking its first financial closing. Considering the huge amount of money needed, concessionaires are trying to put in place the optimum capital structure, combining long-term senior financing, revolving liquidity facilities, equity contributions and subordinated debt. Historically, subordinated debt has been widely used in infrastructure projects in Colombia as an instrument to inject sponsors' equity, and to avoid cash traps and other restrictions. However, existing sponsors are assessing how to obtain subordinated debt from non-affiliated parties, such as governmental entities and private equity funds. This represents a new feature in the Colombian landscape, as well as further challenges.