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The industry body has announced that it is considering several proposals to improve transparency in the equities and fixed income market

Despite continued guarantees that it will make payments on its sovereign bonds in October, experts say a Venezuela default or restructuring process is inevitable.

A New York ruling that found Arab Bank liable for providing financial services to terrorists has raised questions about banks’ compliance programmes

Laos hydropower project Nam Ngiep 1 was the first to solve legal issues around sharing infrastructure such as substations and transmission lines

MiFID II's definition of liquidity will not work for the swaps industry, according to the International Swaps and Derivatives Association. Here's why

Hong Kong’s inaugural sukuk was the first to test its new tax laws allowing Islamic finance structures. Here's how it was done

The new chief of the International Swaps and Derivatives Association has said that regulators need to focus on harmonising international rules

The effectiveness of material adverse change clauses are being whittled away in Australian public M&A, a recent report has revealed

Diversity requirements introduced by the Hong Kong Stock Exchange one year ago have had little effect, a new study has revealed

Iñigo de Luisa We previously wrote about Royal Decree-law 4/2014 of March 7 (RDL 4/2014), which introduced important changes at preinsolvency stages and improved the restructuring tools and schemes in Spain. This piece of law is already effective, but is at the Parliament for final enactment and is subject to additional minor amendments. Now, Royal Decree-law 11/2014 of September 5 (RDL 11/2014), amends once again our insolvency regime both at composition and liquidation phases in order to foster financial restructuring of viable companies. RDL 11/2014, among other key issues, extends to composition agreements some of the key measures introduced by RDL 4/2014 for restructuring schemes at preinsolvency stages. As a result, both general and special privileged creditors (including public entities) could now be specifically affected by composition plans, even in the portion covered by the value of the collateral.