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US activist investors are now moving into Australia. But its strict association rules could be a hurdle to their success.

Banks may be forced to rethink their internal models for valuing complex assets as regulators seek greater comparability across products and financial institutions.

Foreign investment is the last piece of the Reit puzzle

The non-recourse financing of Deepwater Wind Block Island has caught the attention of other sponsors who are keen to tap the nascent sector

The EBA and FSB may be pressured to relax limitations on the inclusion of senior unsubordinated debt in their latest capital initiatives

Outbound investment soared last year. Several government initiatives – including the Asia Infrastructure Investment Bank – mean 2015 could see even more activity

João Nuno Riquito and Carlos Eduardo Coelho of Riquito Advogados explain the contentious process of abolishing bearer shares as part of the fight against money laundering and financial terrorism

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

Opportunistic investors are beating a path to the region. But differences in company structures and judicial opposition will ensure the journey won’t be easy

Elias Neocleous The Investment Services and Activities and Regulated Markets Law, Law 144(I) of 2007, requires Cyprus Investment Firms (CIFs) that hold clients' funds to take every possible measure to protect their clients' interests. The Cyprus Securities and Exchange Commission (CySEC) issued detailed guidance to CIFs regarding these obligations in 2012 in its Directive DI144-2007-01, which requires CIFs to have adequate arrangements in place to minimise the risk of loss or diminution of clients' assets as a result of misuse, fraud, poor administration, inadequate record keeping or negligence. CySEC has recently issued a reminder to CIFs that maintain a merchant account for the clearing or settlement of payment transactions that any such merchant account must be completely segregated and may not be used by anyone other than the CIF. Under no circumstances may CIFs' merchant accounts be used by connected persons or third parties, as this does not provide the required degree of segregation and protection of client funds.