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  • Daniel Futej Rudolf Sivák It has been more than a year since the amendment to the Act on Residence of Foreign Nationals took effect. In this article, we will look at the practical application of the new rules. Foreign nationals come to Slovakia for various reasons, one of the most popular being to conduct business. If a foreign national wishes to remain in the country for this reason, they must apply for temporary residence. Temporary residence permits are usually granted for one and half years for conducting business, and may be extended repeatedly.
  • Sky Yang of Bae Kim & Lee outlines recent legislative changes as South Korea finally comes round to tightening its data protection regulations
  • Sarah El Serafy The Qatar Financial Markets Authority (QFMA) issued rules on margin trading on September 10 2014. Prior to the issuance of the Margin Trading Rules, margin trading was only mentioned as a regulated activity under Law 8 of 2012 (QFMA Law) among other activities listed in the definition of 'financial services. The margin trading process for customers of a QFMA-licensed financial services company is spelt out in detail under the Margin Trading Rules. The Rules cover the opening of the account up to the registering of shares with the Qatar Central Securities Depository (QCSD), as well as registering increases on the customer's accounts opened by the financial services firm managing the account for the customer.
  • Isil Ökten Aslihan Özbey Akbank TAS has established a covered bond programme in an aggregate principal amount of up to €1 billion ($1.1 billion), which is the first ever mortgage-backed bond programme in Turkey. The first mortgage covered bond programme in Turkey was established on December 23 2014 on the approval of the base prospectus by the Central Bank of Ireland, after a challenging process. This programme comes after many years of hard work by the legislator, the issuers and the arrangers. Numerous changes have been made to the legislation to enable the first issue, and it would still benefit from further clarifications.
  • Kyle Shin, CEO of Korean hedge fund Gen2 Partners, discusses the domestic regulatory regime and the future for hedge funds in the country
  • For decades, taxpayers have been bedeviled by the distinction between trading in stocks and securities (eligible for a safe harbour) and lending (generally a taxable business).
  • In light of recent chaebol activity, overseers at the Korea Corporate Governance Service explain how the market must improve
  • Dong Chul Kim of Paul Hastings charts the rise of international offerings by Korean issuers
  • The FSB’s total loss-absorbing capacity rules are still in their infancy, but market participants are worried
  • The UK government’s plans to prohibit the use of cancellation schemes on takeovers is expected to lead to an increase in transfer schemes in the country