Corporate©2018 IFLR60Corporate Digital economy businesses challenge competition law judgesJudges participating in a Hong Kong Competition Commission conference shared experiences regarding the use of specialist courts and mechanisms for adjudicating cases, 12 Dec 2018 14:00:00 GMTFinancial services are in the crosshairs of antitrust regulatorsThe increasing merger between competition law and consumer protection could prove a headache for firms, 10 Dec 2018 09:00:00 GMTIn the news this weekThe US-China trade war calms down temporarily, but the Fed lists tariffs as a key component of its beige book. In the EU, efforts are underway to turn the euro into a global reserve currency, 07 Dec 2018 09:15:00 GMTGDPR: non-EU companies ahead of EU counterpartsThe transition period is over and regulators are readying themselves for enforcement action, 03 Dec 2018 09:00:00 GMTIn the news this weekWill US President Trump's finreg rollback materialise before January? How will the EU's move to tighten scrutiny of Chinese investments affect the PRC? And finally, is sector-specific regulation the answer for the EU cryptocurrency sector?, 30 Nov 2018 09:00:00 GMTDEAL: Saudi British Bank’s statutory merger with Alawwal BankThe deal is the first under the country's new M&A rule rules, 29 Nov 2018 14:45:00 GMTIndustry welcomes Ireland’s Ucits overhaulIn a move to exploit the Brexit uncertainty, the EU country has streamlined its authorisation process, 26 Nov 2018 10:00:00 GMTIn the news this weekQuarles suggests easing margin standards, Shenzhen and Shanghai stock exchanges new listing rules and Gibraltar becomes new obstacle to Brexit deal, 23 Nov 2018 09:15:00 GMTGDPR proving to be obstacle for M&A dealsThe Regulation is having an impact on NDAs and deal terms and, in some cases, forcing deals to be abandoned, 16 Nov 2018 21:00:00 GMTIn the news this weekApple's stock price takes a hit, China slowdown nearing, and Brexit chaos shows no sign of stopping, 16 Nov 2018 10:00:00 GMTHow to maximise value in M&AIntegrating workforces, larger deals and avoiding cross-border transactions are all key to success, 12 Nov 2018 12:00:00 GMTUK insolvency regime braces for Brexit and tax changesBritain’s likely exit from the European Insolvency Regulation is expected to increase costs and complicate proceedings, 09 Nov 2018 13:00:00 GMTIn the news this weekUS midterm elections are a go, China trials a programme on a registration-based IPO system for tech companies, and the UK contemplates the consequences of a no deal Brexit, 09 Nov 2018 09:30:00 GMTEuromoney Asia Women in Business Law Awards 2018: winners announcedAll the winning lawyers and teams at Euromoney's eighth Women in Business Law Awards, 08 Nov 2018 15:00:00 GMTIn the news this weekThe US-EU clearing controversy rolls on; China, HK and Japan turn their attention to crypto, and; the Seychelles raises the world's first blue bond, 02 Nov 2018 10:00:00 GMTGDPR implementation is harder than expectedUncertainty around data breach notifications and retaining data remain five months on, 26 Oct 2018 15:30:00 GMTIn the news this weekInstability reigns across global markets this week, as the Italian budget situation reaches worrying levels, US exchanges hit back at the SEC, and growth in China slows down, 26 Oct 2018 10:00:00 GMTGrab/Uber fine: renewed competition enforcement focus in SingaporeThe penalty is the first of its kind imposed by the country’s regulator, a signal it is ramping up oversight of merger activity, 24 Oct 2018 09:30:00 GMTIFLR survey: why M&A deals failClick to take a short survey on why some mergers don't close, 23 Oct 2018 13:30:00 GMTTrends to watch in financial regulatory enforcementFinancial regulators are focusing on prevention and enforcement monitoring, 23 Oct 2018 10:30:00 GMTFirrma could exempt foreign private equity investors from Cfius oversightDeals involving substantial interest taken by a foreign government-controlled entity in a US business will be in Cfius’ line of sight, 18 Oct 2018 18:00:00 GMTRatings scandal prompts action from Chinese regulatorThe Dagong incident and a desire to internationalise Chinese capital markets have forced a number of government agencies to step in, 18 Oct 2018 10:00:00 GMTIFLR Middle East Awards 2018: winners revealedAll the winning teams, deals and individuals from the October 17 awards, which took place at the Burj Al Arab in Dubai, 18 Oct 2018 09:45:00 GMTIn the news this weekThe CVS/Aetna deal gets the green light in the US, the UK and HK agree to mutual recognition of funds, and the Brexit financial sector saga drags on, 12 Oct 2018 08:15:00 GMTAfrican SMEs need to focus on corporate governanceA lack of structure and standards is holding back the growth of the private sector in the region, 11 Oct 2018 09:45:00 GMTIn the news this weekIn the US, Comcast will finally buy the UK's Sky, while in India, three public sector banks will merge to create the country's third largest lender. In Europe,the ongoing trade war with the US is making investors more selective, 28 Sep 2018 10:15:00 GMTEuromoney Legal Media Group Americas Rising Star Awards: winners announcedAll the winning individuals and firms of Euromoney's first Americas Rising Stars awards, 28 Sep 2018 09:00:00 GMTIFLR European M&A forum 2018: key takeawaysAll the highlights from the September 25 event in London, 26 Sep 2018 17:00:00 GMTPRIMER: Vietnam’s new competition lawThe new rules introduce the concepts of significant market power and extraterritoriality, in line with international standards, 21 Sep 2018 09:45:00 GMTIn the news this weekNafta talks resume, Hong Kong Exchanges and Clearing launch new investor ID model, Brexit Chequers deal looks dead and Brazilian election chaos, 07 Sep 2018 08:45:00 GMTCitibanamex: US, Mexico Nafta talks could make it easier for CanadaAn initial bilateral agreement has been reached between Mexico and the US, but Canada is still expected to join the new-look trade pact, 04 Sep 2018 21:15:00 GMTIn the news this weekNafta gets boost but the consolidated audit trail doesn't, while restrictions on foreign ownership of Chinese banks are lifted. In the EU, the eurozone is still in turmoil, 31 Aug 2018 09:30:00 GMTMarket divided over new-look Cfius’ impact on foreign fundsFirrma leaves questions open regarding the material impact its changes will have on private equity and foreign investment funds, 31 Aug 2018 09:15:00 GMTConocoPhillips, PdVSA agreement to open creditor floodgates in VenezuelaThe agreement to recover $2 billion from the state-owned oil company could lead to future recovery actions, 29 Aug 2018 16:45:00 GMTIFLR Middle East Awards 2018: shortlist now liveAll the shortlisted deals, teams and individuals for IFLR's 2018 Middle East Awards, 29 Aug 2018 09:00:00 GMTIn the news this weekCredit Suisse moves ahead in Libor replacement race, China increases financing options for SMEs, Trump wants review on company accounts and clarity needed for capital reporting requirements, 24 Aug 2018 08:45:00 GMTQuestions surround PREPA restructuring in Puerto RicoThe government owned utility completed a preliminary debt restructuring deal, but tests remain for creditors and debtors, 23 Aug 2018 17:30:00 GMTPRIMER: Singapore’s Corporate Governance CodeCode improvements are a good step forward but they fail to address dual class shares provisions, 22 Aug 2018 09:15:00 GMTDEAL: Danaos’ debt refinancingThe Greek containership company has negotiated a $2.2 billion debt restructuring to escape financial difficulties, 21 Aug 2018 16:30:00 GMTIn the news this weekChina ramps up initiatives over national infrastructure debt, Trump turns up the heat on foreign investment and on Turkey, and the EU CLO market could be heading for a downturn, 17 Aug 2018 10:00:00 GMTRise of ‘Weinstein clauses’ to shield parties during deal-makingFollowing the recent wave of sexual harassment allegations, these types of representation clauses are being inserted into M&A contract documentation, 10 Aug 2018 10:00:00 GMTIn the news this weekTax boosts give US companies a lift, China aims to ease restrictions on foreign investors in its A-share market and the UK FCA delves deeper into fintech, 10 Aug 2018 09:00:00 GMTIndia’s Samadhan scheme to provide lifeline to stressed power assetsEleven power plants have been shortlisted for inclusion in the proposed scheme to manage debt levels, 08 Aug 2018 08:15:00 GMTHow to deal with the sensitive sector definition in M&AScrutiny is intensifying in the US and the EU, and a lack of clarity is making deal negotiation difficult, 06 Aug 2018 11:00:00 GMTEuromoney Legal Media Group Americas Rising Stars Awards – inaugural shortlist announcedThe awards celebrate rising star attorneys across a number of practice areas, 03 Aug 2018 15:00:00 GMTIn the news this weekUS fintechs get a special banking charter, Asian regulators continue with their efforts to liberalise markets, and the EU sees uncertainty in merger control and derivative pricing, 03 Aug 2018 09:45:00 GMTM&A: DoJ stresses cooperation is keyThe deputy assistant attorney general outlined attitudes towards FCPA enforcement, and how companies can cooperate with existing policies, 31 Jul 2018 09:45:00 GMTPE firms changing role as investors look to the long-termFunds are moving away from three to five-year terms and acting more as corporates, 30 Jul 2018 08:30:00 GMTMexico to launch own Lava Jato-style investigationThe incoming Mexican president ran on a corruption ticket and is expected to crack down heavily on bribery issues once he has appointed a special prosecutor, 27 Jul 2018 09:45:00 GMTIn the news this weekEurope and the US continue their battles: the first against bad loans and weak banks, the second to win the tariff war. HK looks to promote information sharing in the banking sector, 27 Jul 2018 09:00:00 GMTBetter rules needed for companies with shareholder-unfriendly structuresInvestors are growing increasingly tired of unequal voting rights and a perceived lack of accountability, 24 Jul 2018 17:15:00 GMTGAO report answers the non-notified transaction questionThe government’s audit agency outlined the action needed to address evolving national security concerns facing the US Department of Defense, 23 Jul 2018 17:15:00 GMTIn the news this weekThe US sees a Jobs Act 3.0 on the horizon and battles tariff wars, while in Asia, weighted voting rights continue to be problematic. In Europe, the standard fee charging model for private equity firms is evolving, 20 Jul 2018 10:00:00 GMTTraditional private equity fee models are endingConsolidation and mega funds are changing the way GPs earn fees, 19 Jul 2018 14:15:00 GMTPRIMER: Hong Kong’s Virtual Banking GuidelineSimilar rules now apply to both online and bricks-and-mortar lenders, 17 Jul 2018 10:00:00 GMTA changing world: policy shifts in merger controlM&A clearance is getting a regulatory makeover on a global scale, 16 Jul 2018 11:00:00 GMTGDPR: companies at risk over unstructured dataCompanies are facing potentially huge fines over their lack of retention policies, 13 Jul 2018 15:15:00 GMTUS tax reform, consolidation a boost for M&A mega dealsThe current trend at the top of the market is expected to remain for the long-term, 13 Jul 2018 10:00:00 GMTIn the news this weekChina/US trade relations remain uncertain, a record fine for the CFTC, HK weighted voting rights are go, and DoJ investigates cryptocurrency 'spoofing', 13 Jul 2018 09:00:00 GMTNafta not a priority for Mexico's AMLOTariffs must be addressed first and stability will be paramount for the incoming Mexican president, 11 Jul 2018 13:30:00 GMTSEC cybersecurity disclosure: a how-to guideIFLR speaks to leading practitioners about how to avoid cybersecurity disclosure offences, 09 Jul 2018 17:15:00 GMTIn-house lawyers could be considered senior managers under SMRThe FCA’s recent decision could increase whistleblowing and cause in-house counsel to leave their roles, 09 Jul 2018 08:30:00 GMTChinese businesses feel the bite of new bribery lawPfizer's assistant general counsel said the mindset of compliance is to create incentives for employees, 03 Jul 2018 11:00:00 GMTAntitrust effort may have dampened M&ANew performance data suggests current M&A performance is worse than at any point since 2008, 02 Jul 2018 10:30:00 GMTIn the news this weekSecurities and stress testing under review in the US, crypto takes off in Japan and the EU learns its lessons from the debt crisis, 29 Jun 2018 09:30:00 GMTPRIMER: the Volcker Rule – covered fundsA closer look at covered funds as part of the Rule, and why its definition needs to be redefined, 29 Jun 2018 09:00:00 GMTAfrica can bridge funding gap with blockchainBlockchain is currently the best hope to reduce the number of unbanked across the continent, 28 Jun 2018 14:00:00 GMTShell companies in Indian government's line of sightGenuine investments by non-resident Indians will suffer, say observers, 26 Jun 2018 14:00:00 GMTPRIMER: US and EU sanctions against RussiaBoth countries are diverging on their approaches to Russia for the first time, 21 Jun 2018 16:30:00 GMTUnintended impact of Priips, Mifid to be reviewed for asset managersThe KID’s adverse performance warning is proving a particular challenge that market participants are struggling to cope with, 14 Jun 2018 16:15:00 GMTDefence bill likely to house beefed up Cfius provisionsCertain aspects including joint ventures and minority stakes are unlikely to make the cut in the final version, 13 Jun 2018 10:00:00 GMTAsian businesses face export control, sanction compliance headachesPanellists at Asialaw conference in Hong Kong discussed implications of recent US sanctions on ZTE and enforcement trends, 11 Jun 2018 12:15:00 GMTEuromoney LMG Americas Women in Business Law Awards 2018: winners announcedO’Melveny & Myers retained its position as the best international firm for women in business law for the third year in a row, while Dentons took home the most innovative international firm award, 08 Jun 2018 14:00:00 GMTIndia boosts enforcement powers to tackle corporate fraudNew powers to target black money include the prevention of dissipation of proceeds from corporate fraud, 07 Jun 2018 10:00:00 GMTGDPR to hit alternative assets the mostThis segment of the financial services sector conducts transactions on paper. Companies have to make significant progress to comply, 05 Jun 2018 10:00:00 GMTNew ePrivacy Regulations will force Google and Facebook to change tactThe proposed regulation’s vague rules and extra-territorial effect are likely to prove just as challenging to companies as GDPR, 04 Jun 2018 09:00:00 GMTIn the news this weekMAS market consultations, Dodd-Frank Reforms and Italian political chaos, 01 Jun 2018 09:00:00 GMTIn the news this weekThe end of a regulatory era in the US, and the beginning of a new one in Thailand and Hong Kong. Europe continues grappling with bad loans, 25 May 2018 09:00:00 GMTIFLR Middle East Awards 2018: call for nominationsGet in touch now to submit your nomination for the IFLR Middle East awards, 24 May 2018 15:15:00 GMTM&A due diligence changing in wake of new risksThe main steps a company must take are changing, as are the biggest risks to the financial sector, 21 May 2018 08:45:00 GMTFCA’s first action under SMR may undermine rulesBarclays’ chief executive was fined for lack of care but not of integrity. This could lead to unfair two-tier approach, 17 May 2018 13:45:00 GMTPRIMER: China's national standards for personal data protectionThe PRC has toughened rules on collection and processing of personal data, 17 May 2018 08:15:00 GMTNew Anti-Money Laundering Bill could have limited effectThe Bill increases compliance burden on companies that are already making lots of reports, 16 May 2018 14:00:00 GMTChinese banks need to firm up AML complianceChallenges remain as Chinese banks seeking international exposure catch up to global standards, 16 May 2018 08:00:00 GMTIn the news this weekAll change at the SEC, Hong Kong's corporate governance push and fiercer gun-jumping rules in the EU all featured in the news, 11 May 2018 10:30:00 GMTCompanies left in the dark over gun-jumping rulesThe EU has intensified gun-jumping enforcement, expanding rules to non-competitive concerns, 11 May 2018 09:00:00 GMTPiwowar departure casts shadow over SEC best-interest standardSources were initially perplexed as to why the commissioner has announced his intention to leave before the vote on the controversial regulation, 09 May 2018 10:00:00 GMTMaximising returns in a competitive M&A marketSovereign wealth funds and pension funds are having a big impact and forcing buyout houses to adapt, 04 May 2018 16:15:00 GMTGDPR: how best to store dataWhat are the most effective ways to comply with the regulation?, 04 May 2018 09:00:00 GMTIn the news this weekThe US is a quiet place this week, Singapore proposes senior managers guidelines and GDPR news abounds, 04 May 2018 09:00:00 GMTThe Qualcomm defence: a possible new hostile takeover tacticSources suggest that US companies subject to unwanted foreign buyers could use Cfius as an additional device in their toolkit, 02 May 2018 09:45:00 GMTCover story: GDPR: on the right path?GDPR could help businesses clean up data handling practices. But some could be heading in the wrong direction, 27 Apr 2018 10:00:00 GMTMore work needed: SEC releases new best interest standardThe commission has requested public comment on its three proposals on the standard of conduct for investment advisers, which did not get unanimous support from its commissioners, 25 Apr 2018 15:00:00 GMTHK’s new AML rules raise questions for businesses with complex structuresBusinesses with less than straightforward structures can expect more up-the-chain enquiries, 25 Apr 2018 13:00:00 GMTThe pros and cons of merger break fee reintroductionThey were banned in 2011, but a comeback could generate renewed interest from private equity, 23 Apr 2018 08:30:00 GMTUS eyes using locked box in merger contractsPopular belief that UK M&A contracts are more seller-friendly may have to change, 20 Apr 2018 10:00:00 GMTWatch this space: how merger clearance is evolvingSeveral countries want to increase national security reviews of foreign buyers, and have set plans in motion to implement investment clearance reforms, 18 Apr 2018 12:30:00 GMTPOLL: should break fees be brought back?Has the 2011 ban been successful in encouraging competing bids?, 17 Apr 2018 14:00:00 GMTMerger reverse break fees are here to stayBreak fees in the UK were banned five years ago but their counterpart remains, a sign of the seller-friendly market conditions, 12 Apr 2018 16:00:00 GMTBeneficial ownership could be answer to AML in IndonesiaBusinesses have to provide the government with information on their beneficial owners. Multiple layers of rules make it difficult, 11 Apr 2018 10:15:00 GMTGDPR will impact US M&AThe EU regulation's extraterritorial reach means corporates will need to increase due diligence for data privacy and security, 04 Apr 2018 14:30:00 GMTBusinesses retreating from consent under GDPRThe upcoming regulation does not automatically require consent so businesses could choose an easier way:, 03 Apr 2018 11:45:00 GMTIn the news this weekCFTC budget woes, US and China tariff tensions, and possible talent shortage under the SMR, 30 Mar 2018 08:30:00 GMTPrivate equity in more robust position than before crisisThe market is just as competitive as before the crisis but with added awareness of risk, 29 Mar 2018 08:30:00 GMTSingapore banks using blockchain for AMLWhile this could be positive development, issues of cross-border applicability and governance analysis need to be ironed out, 28 Mar 2018 09:15:00 GMTSMR, GDPR could lead to senior talent shortageWide-ranging financial regulation has caused many to take alternative career routes and this could have a counter-productive impact on industry compliance:, 28 Mar 2018 09:00:00 GMTUK increases merger thresholds amid PRC, Russian tensionThe CMA is consulting on changes to the Enterprise Act for certain sectors, sparking concern for increased transaction costs:, 27 Mar 2018 05:15:00 GMTBlocking AT&T/Time Warner merger could be 'bad for competition'If the transaction fails it would be the first time that US antitrust authorities challenge a vertical merger of this size successfully:, 23 Mar 2018 03:00:00 GMTWill HK's new AML rules have the desired deterrent effect?The financial regulator's tough new guidelines could come up against a slowdown in enforcement, 21 Mar 2018 11:15:00 GMTAppeals decision opens door for SEC best interest standardLast week’s ruling to vacate the fiduciary rule gives the SEC carte blanche to craft its own version, 21 Mar 2018 10:00:00 GMTNon-EU firms unaware of GDPR complianceThe regulation’s extraterritorial effect has caused data centres to be moved inside the EU, 16 Mar 2018 09:00:00 GMTIn the news this weekUncertainty is the theme this week as the Dodd-Frank rollback gathered steam, the status of cryptocurrencies was called into question and PRC buyers thought twice about US target takeovers, 16 Mar 2018 08:15:00 GMTPRC investors are put off by offshore deal approval uncertaintyAs the US government clamps down on foreign buyers of national assets, Chinese buyers could be going elsewhere, 15 Mar 2018 15:30:00 GMTPRIMER: the Senior Managers Certification RegimeNearly two years on from its implementation, has the regime achieved its aim of curbing bad bank behaviour?, 15 Mar 2018 12:00:00 GMTR/W insurance gains ground in Asian M&AMost Asian deals are cross-border in nature, which gives rise to more complex legal issues, 14 Mar 2018 09:45:00 GMTIFLR Americas Awards 2018: shortlist revealedGood luck to all the nominated deals and teams, 12 Mar 2018 10:30:00 GMTUS Supreme Court restricts bankruptcy safe harbour protectionFinancial institutions should assess if they played an active role in the course of a securities contract to determine if they are covered, 09 Mar 2018 09:30:00 GMTIn the news this weekIFLR reviews the past week's main regulatory developments, 09 Mar 2018 09:00:00 GMTCfius' 'historic intervention' to block Qualcomm takeoverThe committee has intervened in the early stages of negotiations on the basis that the buyer's close ties with China could damage US national security, 07 Mar 2018 09:15:00 GMTMAR's unintended consequencesThe regulation is driving debt issuers away from the EU and undermining the CMU’s core objectives, 06 Mar 2018 07:00:00 GMTHK takeover code overhaul a boost for small shareholdersThe regulator has launched a consultation that could result in making compensation for retail investors easier, 05 Mar 2018 13:00:00 GMTIFLR Asia M&A Forum 2018: key takeawaysAll the highlights from this two-day event including managing antitrust risks, tech and distressed M&A, shareholder activism and purchase price disputes, 05 Mar 2018 09:45:00 GMTPRIMER: the Committee on Foreign Investment in the United States (Cfius)IFLR's latest primer looks at the US committee, and discusses how its role has evolved over time, 02 Mar 2018 10:15:00 GMTIFLR Asia Awards 2018: winners revealedDeals spanning the entire Asia-Pacific region were celebrated for their innovation on March 1, 02 Mar 2018 09:15:00 GMTMany small firms are still unprepared for GDPRWith the deadline less than 100 days away, some firms remain behind, 02 Mar 2018 08:30:00 GMTMassachusetts' Galvin: investors aren't 'pawns in a prize contest'The regulator referenced the fiduciary rule but charged a discount brokerage firm with violating state level laws, 27 Feb 2018 09:15:00 GMTBrexit could change century-old UK insolvency ruleThe contentious Gibbs rule could be scrapped when the UK leaves the EU, 21 Feb 2018 08:30:00 GMTHow to ensure the Cfius process goes smoothlyIFLR asks expert practitioners for their tips to get the committee's approval in today’s increasingly protectionist environment, 16 Feb 2018 09:15:00 GMTHow Cfius is changing the definition of national securityThe committee's theoretical function is to protect national security, not national competitiveness. But these lines are blurring, 07 Feb 2018 14:15:00 GMTRegulators will be tougher on antitrust enforcementThe CMA's Michael Grenfell says the regulator will start looking at some bigger cases post-Brexit, 02 Feb 2018 09:00:00 GMTThe end of investment research as we know itNew unbundling rules and more cost transparency are challenging all players in the sector, 31 Jan 2018 13:15:00 GMTWho wins at Mifid II?Attention has focused on firms suffering under the weight of the directive, but some may nevertheless benefit, 29 Jan 2018 12:00:00 GMTIFLR EU In-House Counsel Summit 2018: highlightsAll the key takeaways from IFLR's January 23 London event in one place, 26 Jan 2018 10:45:00 GMTPRIMER: Hong Kong’s manager in charge regimeThe new framework strengthens senior individual accountability for SFC regulated entities, 25 Jan 2018 09:00:00 GMTNew look SunEdison emerges from chapter 11The process of reorganising the renewables company and the joint marketing and sale process of its yieldcos were a long and drawn out process, 24 Jan 2018 13:15:00 GMTIndia relaxes bankruptcy rulesChanges to insolvency rules could see loan defaulters able to bid in asset buybacks, 22 Jan 2018 16:30:00 GMTUnderstanding the standard of care for broker-dealers and the DOL’s fiduciary rule: a MoFo reportThis exclusive analysis from Morrison & Foerster looks into the rule's past, why it's been subject to so much debate, and what its future could look like, 12 Jan 2018 09:15:00 GMTTech keeps EU data protection rules in checkA need to keep up with technology has increased financial services firms’ costs and created a complex framework to navigate, 11 Jan 2018 17:00:00 GMTUS tax bill to boost M&A activityThe recent reform will free up cash and increase after-tax payouts, which could encourage action across the board, 10 Jan 2018 09:15:00 GMTChina clamps down on briberyA new law has widened the definition of who can be involved in unfair competition, 09 Jan 2018 10:00:00 GMTIFLR Asia Awards 2018: shortlist revealedAll the deals and law firms shortlisted for IFLR's 2018 Asia Awards, which will be held on March 1 in Hong Kong, 08 Jan 2018 12:00:00 GMTNew bill could impact ease of doing business in IndiaSome changes to the corporate law regime have raised more questions than answers, 08 Jan 2018 09:00:00 GMTLong road ahead for Eletrobras privatisationGovernment plans to dispose of much of the Brazilian company are under intense scrutiny with presidential elections looming in October, 05 Jan 2018 09:00:00 GMTShould MAR be scaled back?The Market Abuse Regulation has led to a huge increase in the reporting of suspicious transactions. Is it time to water it down?, 03 Jan 2018 11:00:00 GMTGDPR readiness in the spotlightThe new regulation requires a cultural shift from companies to comply, 20 Dec 2017 09:30:00 GMTNew company law a boon for Myanmar economySignificant changes to corporate rules include an increase in foreign ownership in local companies, 15 Dec 2017 08:00:00 GMTEU and Switzerland discuss Mifid II equivalenceThe Swiss Bankers Association is calling on the government to consider all options if equivalence is not granted for its alternatives to the directive, 13 Dec 2017 12:00:00 GMTSFC, CSRC intensify cooperation on market misconductChina and Hong Kong are strengthening coordination of regulatory enforcement for their capital markets, 13 Dec 2017 11:45:00 GMTDEAL: CVS’ proposed $69 billion acquisition of AetnaThe US pharmacy company has agreed a large breakup fee should the deal fall through, suggesting confidence that it will proceed unscathed, 13 Dec 2017 10:45:00 GMTBrexit effect impacts UK M&AUncertainty around the UK’s future relationship with the EU is believed to have affected M&A activity. Clarity is needed to ensure levels pick up again, 13 Dec 2017 10:00:00 GMTUS ponders complement to Cfius regimeA new bill which could potentially replace the existing regime on foreign investment scrutiny will consider the economic impacts of inbound transactions, 29 Nov 2017 10:30:00 GMTDEAL: Kenya’s largest debt-for-equity restructuringThe country's flagship airline successfully restructured $2.2 billion of debt, as government and lenders took ownership of the lion’s share of the company, 29 Nov 2017 08:45:00 GMTHKEx consults on corporate governance code changesThe proposals zero in on independent non-executive directors and board diversity, 23 Nov 2017 10:30:00 GMTPhilippine Competition Commission steps up enforcementBusinesses are getting ready for a stricter stance as provided in the authority’s procedural rules, 20 Nov 2017 11:00:00 GMTParadise Papers put pressure on local regulatorsThe data breach renews calls for globalised anti-money laundering and fraud standards, 15 Nov 2017 11:00:00 GMTCfius reform bill ‘not comprehensive enough’Observers say that the bipartisan-sponsored overhaul could go further in clarifying rules and do more to avoid throttling economic growth, 14 Nov 2017 13:45:00 GMTAntitrust, security reviews are changing Asia M&ABuyers will have to better manage their transaction risks, as regulators increase their focus on national security, 14 Nov 2017 10:00:00 GMTHR and IP drive Asia post-merger integrationWith a 70% failure rate in M&A, the stakes are high during the transition of a sale in the region. Strategies on human resources and IP protection are crucial, 14 Nov 2017 09:00:00 GMTDEAL: Redx Pharma’s corporate rescueThe firm has become the first UK-listed company to be brought back from administration to trading on AIM, 10 Nov 2017 16:15:00 GMTEuromoney Asia Women in Business Law Awards 2017: winners announcedCongratulations to all the winners of Euromoney's LMG Asia Women in Business Law Awards, 10 Nov 2017 10:00:00 GMTIndian competition body in struggle with appellate tribunalThe lack of clarity over the responsibilities of two competition bodies is impacting legal certainty, 07 Nov 2017 09:30:00 GMTFragmented climate change investment strategy hinders progressMarkets may care about responsible investing but only some companies have made significant inroads, 01 Nov 2017 11:15:00 GMTSEC issues long awaited no-action letter on Mifid IIThe Commission has finally addressed the EU’s impending directive, confirming no-action relief for two and a half years, 27 Oct 2017 17:15:00 GMTNon-GAAP explained: a MoFo reportAs the SEC's focus sharpens on Non-GAAP financial measures, Morrison & Foerster's exclusive report, published with IFLR, explains the issue, 26 Oct 2017 12:00:00 GMTSEC's Clayton: no silver bullet to solve fiduciary conundrumThe regulator said that the DoL’s position and process must be respected when it comes to the fiduciary rule, 26 Oct 2017 09:15:00 GMTChina outbound: prepare for an avalancheThe wave of Chinese outbound M&A into Europe is only the start of the trend, according to market participants from the country, 18 Oct 2017 11:00:00 GMTIFLR Europe Awards 2018 – call for nominationsThe research process has now started for our European awards. Get in touch now, 16 Oct 2017 11:15:00 GMTUncertainty surrounds concerted practiceRegulators and in-house counsel pointed to lingering issues in information disclosure at last week's IBA conference in Sydney, 12 Oct 2017 05:30:00 GMTPRIMER: EU merger control and tech firmsIn this week’s primer, we look at how EU oversight of combinations of tech companies is evolving and why, 05 Oct 2017 13:00:00 GMTEarnouts still divide opinionLike them or loathe them, the controversial tool is on the rise in M&A, 05 Oct 2017 10:00:00 GMTEXCLUSIVE: Gina Miller on BrexitThe businesswoman and transparency activist talks to IFLR on asset management, the Article 50 challenge, and how her life has changed because of it, 04 Oct 2017 12:00:00 GMTNamibian empowerment bill must avoid SA mistakesThe proposed New Equitable Economic Empowerment Bill is similar to a South African act that’s caused problems for its mining sector, 04 Oct 2017 11:00:00 GMTCfius tightens grip over foreign M&AThe intergovernmental agency is increasing its scrutiny of non-US buyers targeting US assets, as national security remains a key priority for the current administration, 04 Oct 2017 08:45:00 GMTWhy SPACs should be European PE’s new favourite toolThey offer considerably more flexibility and certainty over the traditional IPO route, and look set to make a resurgence in volatile times, 29 Sep 2017 10:00:00 GMTEuropean M&A forum: key takeawaysAll the highlight's from IFLR's London event, on September 27: how to structure a merger to mitigate oversight, navigate China's M&A rules, engage shareholders and more, 28 Sep 2017 13:00:00 GMTHow the fiduciary rule is favouring big brokersRespondents to IFLR’s upcoming survey on the rule suggest that it is likely to favour large brokers over their small to mid-sized counterparts, 20 Sep 2017 11:00:00 GMTMifid II: SEC poised to issue no-action reliefTackling the impending EU regulation could be Jay Clayton’s first signature move as chairman, 06 Sep 2017 11:15:00 GMTPrivate UK companies face governance shakeupThe government wants to prevent another BHS-style collapse, but the proposal has disappointed many, 06 Sep 2017 11:00:00 GMTMarket criticises HKEX’s new board conceptHong Kong's plan to relax listing requirements to attract a more diverse pool of companies has not gone down well with investors, 30 Aug 2017 08:15:00 GMTTime to comply: China implements OECD's financial info exchangeLocal financial institutions have started carrying out due diligence on customers’ tax residency as devised by the CRS. But some questions still remain, 24 Aug 2017 12:30:00 GMTYahoo/Verizon: the changing role of MACsTwo cyber breaches allowed the US telco to secure a better purchase price using the clause, 23 Aug 2017 15:45:00 GMTAustralia's cartel crackdown is 'unsatisfying'The regulator opted for a relatively easy target in its first ever criminal prosecution for competition-related offences, 23 Aug 2017 11:00:00 GMTPRIMER: Mifid II & investment researchThe latest instalment of our new primer series explains the current thinking around research unbundling, 18 Aug 2017 07:00:00 GMT2017 Middle East awards: shortlist revealedAll the shortlisted deals, teams, firms and individuals have now been announced, 09 Aug 2017 12:00:00 GMTSEC poses biggest threat to DoL fiduciary ruleThe new framework faces pressure from a number of different directions including the securities regulator and the Trump administration, 08 Aug 2017 17:15:00 GMTDEAL: Premier Oil’s debt restructuringThe UK company recently closed the largest refinancing in the North Sea since oil prices crashed, 08 Aug 2017 09:00:00 GMTKenya cracks down on cartelsNew leniency guidelines show the regulator is expanding upon its enforcement remit, 07 Aug 2017 15:15:00 GMTActivist investors set sights on corporate EuropeThese shareholders' tactics arrived years ago but as stateside companies wise up, their attention is increasingly turning to the continent, 31 Jul 2017 11:00:00 GMTHow to improve BoE fund stress testingThe central bank's research is a first step into determining how asset managers' actions can impact the market. It's unlikely to be the last, 26 Jul 2017 11:00:00 GMTRegulatory ambiguity slows Myanmar FDIThe government has sought to liberalise the domestic market but some of the latest reforms directly contradict old laws, 26 Jul 2017 11:00:00 GMTIFLR/MoFo: fiduciary rule pollThe survey, in association with Morrison & Foerster, seeks broker dealers' views on the fiduciary rule and possible alternatives to the landmark legislation, 19 Jul 2017 18:00:00 GMTMifid II research unbundling to be global normUncertainty surrounding the sweeping new measures is yet to be clarified by EU or third country regulators including the US, 14 Jul 2017 11:30:00 GMTIndonesia under fire for FDI restrictionsWhile the country has been actively working to attract investment, poor policy implementation has made it difficult to take off, 12 Jul 2017 12:00:00 GMTFCA asset management review risks creating conflictsThe industry is questioning the proposal for a minimum of two independent directors, 07 Jul 2017 09:15:00 GMTWhite Collar Crime Forum 2017: key takeawaysHere's a selection of the highlights from IFLR's first white collar forum, hosted in London last month, 29 Jun 2017 09:15:00 GMTUK regulator plans asset management overhaulThe FCA is proposing an all-in fee including trading costs, new governance standards and measures to boost competition, 28 Jun 2017 11:45:00 GMTIndian banks decentivised by insolvency codeThe RBI can force lenders to take action against loan defaulters, but they may be reluctant to do so without provisioning benefits, 28 Jun 2017 10:15:00 GMTEU audit market reform falls short of expectationsOne year down the line the market still hasn't changed, with the larger firms continuing to take the lion's share of the work, 28 Jun 2017 10:00:00 GMTBlue Apron's no-vote shares IPO concerns investorsThe startup’s anticipated public offering could follow in the footsteps of Snap's, concerning investor bodies and lobbyists, 28 Jun 2017 09:15:00 GMTLitigation funding empowers UK shareholdersA change in legislation and the increased availability of funds have prompted a rise in claims against banks and companies, 27 Jun 2017 16:15:00 GMTPRC lags on corporate governanceChinese companies are not up to scratch and foreign regulators often struggle to take action, 14 Jun 2017 11:00:00 GMTFiduciary confusion: compliance is keyInvestment funds must conform to the DoL's rule despite market uncertainty, 14 Jun 2017 09:30:00 GMTBanco Popular restructuring proves EU resolution can workThe troubled lender was the first to test the EU’s resolution rules. It won't be the last, 14 Jun 2017 07:15:00 GMTBrexit delay vexes AIFMD third countriesEsma gave five countries the passport green light a year ago, but it's been radio silence since, 13 Jun 2017 14:15:00 GMTDEAL: Japan/UK all-share offer firstThe intended takeover has broken new ground, as the first all-share offer for a London-listed UK company by a Japanese-listed firm, 09 Jun 2017 11:45:00 GMTAmericas Women in Business Law Awards 2017: winners announcedAll the winning individuals, teams and firms from last week's ceremony in New York, 09 Jun 2017 10:45:00 GMTWhy China needs a bankruptcy codePRC commercial banks are facing serious insolvency risks, with limited options available, 02 Jun 2017 11:45:00 GMTDEAL: Hapag-Lloyd/United Arab Shipping Co mergerThe $14 billion deal may finally kickstart the wave of consolidation the struggling shipping industry needs, 31 May 2017 11:15:00 GMTDistressed M&A could ease Brazilian corruptionRising levels of distressed asset sales could help the country's fight against white collar crime, though some say this is overly optimistic, 31 May 2017 10:45:00 GMTManaging business risk is key to Africa M&AWhile deal flow on the continent is on the up, many transactions and projects still go unsponsored. The insurance market is helping, 31 May 2017 10:45:00 GMTIFLR Africa forum 2017: key takeawaysAll the highlights from last week's briefing in one place, 25 May 2017 16:15:00 GMTSEC to refocus enforcement prioritiesIncoming chairman Jay Clayton is expected to outline a new line of work but no major rollback is expected, 17 May 2017 10:15:00 GMTPhilippines land ownership rules impact FDIWhile it's made inroads in liberalising its economy to attract foreign investment, the country's not quite there yet when it comes to ownership of real estate, 17 May 2017 10:00:00 GMTVietnam’s strict FDI rules prevent bank rescuesThe country's banks need investment but foreign ownership laws and unrealistic valuations mean investors are taking a leap of faith by entering, 12 May 2017 14:00:00 GMTEurope deals of the year: restructuringOur shortlist includes complicated sovereign and sub-sovereign restructurings featuring seamless coordination across multiple borders, 03 May 2017 16:00:00 GMTEurope deals of the year: M&AFor those deals that did close in a difficult environment, heavy lifting went into inventive strategies to secure antitrust clearance or government approval, 03 May 2017 15:00:00 GMTShareholder activism prompts rise in carve-outsThey're also becoming more complicated as countries around the world ramp up their antitrust oversight, 03 May 2017 11:15:00 GMTDEAL: Samsung's $8 billion takeover of HarmanThe deal involved 10 antitrust filings, extensive due diligence, a $240 million break fee and some unhappy shareholders, 03 May 2017 10:00:00 GMTSwedish sovereign fund is political not practicalThe Nordic nation could look to solve two problems with the launch of one fund, but practical issues are in the way, 02 May 2017 16:15:00 GMTAfrica needs creative finance solutionsToo much cash, too few eligible assets is the general consensus among investors. A new approach is needed, 28 Apr 2017 11:45:00 GMTEurope deals of the year: private equityThe market threw up a range of gutsy deals, including novel partnerships between firms and trade acquirers, and drama in the listed funds secondary market, 25 Apr 2017 15:00:00 GMTDEAL: FGB/NBAD mergerThe $29 billion merger of equals creates MENA’s second biggest bank and sets the stage for further consolidation in the sector, 19 Apr 2017 11:00:00 GMTProxy access bylaws face uncertainty in CanadaShareholder-originated motions at two major banks could pave the way for new processes governing director nomination, 19 Apr 2017 11:00:00 GMTPhilippines’ FDI restrictions put off foreign investorsThe country has seen a record inflow of investment, but vast foreign ownership limits have discouraged some from entering, 19 Apr 2017 09:30:00 GMTSEC: Mifid II is a conflict we didn’t createThe regulator remains unable to offer guidance on how the far-reaching EU regulation will affect US firms, 07 Apr 2017 09:30:00 GMTFintech companies must take AML seriouslyStartups in the sector may benefit from lighter touch regulatory oversight but they are still required to conduct appropriate due diligence, 05 Apr 2017 11:30:00 GMTDEAL: KKR’s largest Japanese acquisitionKKR has made its biggest acquisition of a Japanese asset, but multiple regulatory filings delayed the launch of the tender offer, 05 Apr 2017 11:15:00 GMTMarket welcomes end to asset management stress testsThe Dodd-Frank requirement was originally meant for banks and according to lawyers, does not make the industry any safer, 05 Apr 2017 10:30:00 GMTDEAL: Metinvest’s tumultuous $2.3 billion restructureThe process involved a UK scheme, 90% creditor approval and a highly volatile Ukrainian backdrop, 04 Apr 2017 14:30:00 GMTUK/US intervention threatens dealmakingIncreasingly protectionist rhetoric and the possibility of government interference not seen since the 1970s is concerning foreign investors, 04 Apr 2017 14:15:00 GMTPoll: M&A protection mechanismsWhat legal features will grow in popularity in 2017 to offset the challenges facing global M&A? Vote now on the homepage, 28 Mar 2017 11:45:00 GMTUncertainty surrounds Trump’s FCPA approachHe has in the past dismissed it, but lawyers say scrapping the far-reaching legislation is unlikely to be a high priority, 22 Mar 2017 13:45:00 GMTThe Diebold/Wincor Nixdorf merger explainedMary Swann, executive corporate counsel and assistant corporate secretary of Diebold Nixdorf, discusses the seminal 2016 deal, 22 Mar 2017 10:00:00 GMTChinese outbound M&A comes of ageUBS' head of M&A in Hong Kong Samson Lo surveys the landscape for corporates in Southeast Asia, including how Chinese buyers are changing their approach, 22 Mar 2017 09:30:00 GMTWhat Brexit means for M&AJohn Fingleton, CEO of advisory firm Fingleton Associates, examines some of the key trends in the UK M&A market over 2016, 22 Mar 2017 09:00:00 GMTIndependent research providers win at Mifid IIAs both banks and asset managers try to understand the rules, boutique firms are capitalising on the opportunity of a more level playing field, 21 Mar 2017 12:15:00 GMTRegulatory interference renders arbitration a costly affairEnforcing overseas arbitral awards in a local court can be both expensive and futile, according to panellists at IFLR's Asia M&A Forum in Hong Kong last week, 08 Mar 2017 12:00:00 GMTTrulia pushes M&A litigation into federal courtsDelaware’s revamped approach has led to a spike in cases being brought to federal and other state courts, 08 Mar 2017 12:00:00 GMTRegulators restrict distressed investment in AsiaA lack of creditor rights, political backlash and direct policy have all contributed to foreign LPs backing away from such deals, 08 Mar 2017 11:00:00 GMTUtility company takeover sets UK scheme precedentA judge’s decision to disregard shareholder votes cast against the interests of the class reinforces the legal certainty of schemes, 08 Mar 2017 10:30:00 GMTSenior Managers’ Regime teething problems revealedThe UK framework is 12 months old this week, but questions remain over regulatory references and handover certificates, 08 Mar 2017 09:30:00 GMTGIB privatisation further complicated by SDCL challengeThe renewables investor has been put up for sale by the UK government. But the deal has been dogged with difficulties from the start, 06 Mar 2017 08:15:00 GMTAmericas awards shortlist announcedAll the nominees for this year's ceremony are out now. The winners will be revealed on May 18 at the Pierre in New York, 03 Mar 2017 12:00:00 GMTIFLR Asia M&A Forum day one: key takeawaysIn case you missed it, all the highlights from day one of this two-day event in Hong Kong, 02 Mar 2017 10:00:00 GMTIFLR Asia M&A Forum day two: key takeawaysHighlights from day two of last week's event, featuring tech, corruption, strategic exits and more, 02 Mar 2017 09:30:00 GMTKraft Heinz/Unilever shows rise of invisible stakeholderSpeculation surrounds both the reasons behind the failed bid and the populist threats to 2017's mega mergers, 22 Feb 2017 11:30:00 GMTDEAL: Edcon’s $1.5 billion restructuringReorganising the South African retailer’s complex and highly leveraged capital structure put the local legal framework to the test, 22 Feb 2017 11:15:00 GMTTaiwan’s strict FDI rules keep private equity outThe country has made great regulatory and commercial strides to boost outbound M&A, but inward investment remains bogged down by regulation, 22 Feb 2017 11:00:00 GMTEsma’s Ucits share class opinion hits hedgingThe regulator has called for certain arrangements at share class level to be set up as separate funds or sub-funds, 08 Feb 2017 10:15:00 GMTFiduciary duty rule review confuses US retirement sectorThe DoL has been mandated to review the impact of its much-contested provision. The market is baffled, 08 Feb 2017 10:00:00 GMTWhy Snap’s no-vote shares IPO won’t catch onThe decision, a first for a US company, is a deviation from the trend towards better shareholder rights, 08 Feb 2017 10:00:00 GMTUnfair ownership laws hinder Japan’s fintech driveThe country's attempt to compete with Silicon Valley is being complicated by inconsistent legislation for banks and non-financials, 08 Feb 2017 02:45:00 GMTCan English schemes survive Brexit?Their use by non-EU companies will continue, but judgments relating to firms within the bloc and member state courts’ cooperation will create an uncertain future, 07 Feb 2017 14:30:00 GMTMifid II: what next for investment bank research?Various polls of buyside firms show many will bulk up their own research teams when the new rules take effect, 03 Feb 2017 12:00:00 GMTAbengoa restructuring clears final few hurdlesA high-profile example of corporate failure, the Spanish group's insolvency also provides a template for cross-border rescues, 03 Feb 2017 11:45:00 GMTUK merger control will face challenges after BrexitWith exit negotiations only weeks away, questions have already arisen surrounding the antitrust process, 02 Feb 2017 10:45:00 GMTTips for managing counterparty riskPanellists at IFLR’s European In-house Counsel summit shared their secrets in a growing area of concern for corporates, 01 Feb 2017 11:00:00 GMTFSB’s asset management plans mirror AIFMDThe recommendations provide managers with some much-needed relief. If taken on board, it will speed up the equivalence process considerably, 25 Jan 2017 11:00:00 GMTLehman waterfalls break UK precedentThe cases continue to pass through UK courts, creating esoteric precedents on everything from Isda master agreements to currency claims, 25 Jan 2017 10:15:00 GMTDEAL: Chinese Irish wind farm acquisitionChina’s first investment into the new market was complicated by a highly leveraged structure and the projects being at varying stages of completion, 24 Jan 2017 09:15:00 GMTInternational investors capitalise on Japan’s FDI thirstNational corporate governance reforms have forced companies to dispose of non-core assets, which fits nicely with the Abe administration’s goal to boost investment, 16 Jan 2017 12:30:00 GMTHedge funds’ passporting plea ‘wildly optimistic’The industry’s pleas for the UK to negotiate to retain passporting rights post-Brexit has been criticised by market participants as unrealistic, 11 Jan 2017 12:30:00 GMTMifid II research rules befuddle managersWith fewer than 12 months to go, 2017 is the year of Mifid II. But prepping for the industry’s most transformative regulation is a guessing game when firms can’t talk to each other, 11 Jan 2017 10:15:00 GMTFintech deals help banks adaptResearch shows major institutions want to work with startups but on a low commitment basis, 10 Jan 2017 10:00:00 GMTRegulators under scrutiny following CMA legal market studyOverall the findings are as expected, leading some to question the value of such sweeping investigations, 21 Dec 2016 11:00:00 GMTDEAL: UniCredit’s €4 billion investment business saleThe bank’s latest asset sale is just one example of how Italian lenders are trying to improve their balance sheets in the midst of the current banking sector turmoil, 20 Dec 2016 15:00:00 GMTDEAL: Luxembourg’s first EltifThe issuer says it sees appetite among investors, but others are less enthusiastic about the potential scale of the new market, 19 Dec 2016 15:45:00 GMTDEAL: Ajinomoto’s stake in PromasidorThe combination provides the template for a successful Africa exit by a financial investor as multinationals bet on the region’s growing middle class, 16 Dec 2016 15:45:00 GMTUS corporate sector round-upIn case you missed it, here's how Libor, the Fed and more have impacted corporates in 2016, 16 Dec 2016 11:15:00 GMTPOLL: Testing times ahead for EU fundsIFLR's poll this month asks which legislation is set to have the biggest impact on the EU asset management sector, 16 Dec 2016 09:45:00 GMTDEAL: First foreign H-share mandatory general offerA French company's takeover of 50.61% of Hong Kong-listed Tianda Oil Pipe was the first time a foreign shareholder has acquired domestic shares in this manner, 07 Dec 2016 11:30:00 GMTDEAL: Emerson’s $4 billion divestitureThe US electrical component maker's latest division sale is yet another example of the growing trend for global divestitures, 07 Dec 2016 10:15:00 GMTWanted: antitrust continuity under TrumpWhile he regularly moved away from traditional GOP antitrust rhetoric during his campaign, there are hopes the president-elect will choose to follow the established competition ideology, 07 Dec 2016 08:30:00 GMTExclusive: inside the DoJ's antitrust divisionSonia Pfaffenroth, a deputy assistant attorney general at the US Department of Justice's antitrust division, outlines its priorities and offers tips for merging entities looking to comply, 06 Dec 2016 17:15:00 GMTFunds face restructuring ahead of SMRAlthough the initial consultation on the UK’s trailblazing individual accountability regime isn’t due until Q1 of next year, some firms are already starting the preparations, 06 Dec 2016 16:15:00 GMTCMA makes mark with first director disqualificationThe regulator's first director disqualification has been viewed as a sign of things to come as it seeks to grow its enforcement remit, 05 Dec 2016 16:45:00 GMTUK asset management faces shake-upAn FCA report has pinpointed competition, transparency and performance issues in the sector. The proposed solutions could change the way funds are managed for good, 02 Dec 2016 16:00:00 GMTChina’s outbound M&A hit by exchange controlsTightening domestic capital controls have made foreign sellers less confident about PRC buyers' ability to pay for overseas assets, 23 Nov 2016 11:30:00 GMTFrance boosts anti-corruption extraterritorialityThe country's Sapin 2 law rivals the US and UK’s treatment of corrupt practices. International companies could be caught, 23 Nov 2016 11:30:00 GMTEU insolvency reform cautiously welcomedThe Commission hopes to shift to a culture of preventive restructuring as early as possible. It won't be easy, 23 Nov 2016 11:15:00 GMTDEAL: Ladbrokes/Gala Coral mergerThe combination of two of the UK’s biggest bookmakers shows just how central antitrust considerations are becoming to M&A, 23 Nov 2016 09:15:00 GMTTrump: death of the inversion?If public comments on multinationals keeping profits and jobs abroad are acted upon, his election could spell major changes, 22 Nov 2016 20:30:00 GMTHow EU fund regimes compareIn this post-Brexit world, some member states have started to compete for funds' business under AIFMD. But practical challenges remain, 22 Nov 2016 09:45:00 GMTGreece’s out-of-court workout regime faces practical hurdlesThe EU member state is amending part of its para-insolvency framework but the country’s economic situation may prove an obstacle to its successful implementation, 21 Nov 2016 14:00:00 GMTTrump: the M&A effectHis victory will likely dampen M&A activity in the short-term, and boost it in the long. Enduring political and regulatory uncertainty will make 2017 an interesting year, 16 Nov 2016 09:45:00 GMTIFLR Competition Law Forum 2016: key takeawaysIn case you missed it, all the highlights from yesterday's conference in London, 10 Nov 2016 11:00:00 GMTDEAL: AB InBev/SABMiller mergerThe third-largest M&A deal of all time has finally closed after more than a year of negotiations, 10 Nov 2016 10:30:00 GMTEXCLUSIVE: CMA reveals enforcement prioritiesThe regulator’s head of enforcement Michael Grenfell has explained how it’s working to increase its caseload, 10 Nov 2016 09:30:00 GMTChinese cross-border M&A continues attracting scrutinyDalian Wanda's landmark purchase of Dick Clark Productions raises questions as to the regulatory oversight surrounding Chinese outbound deals, 09 Nov 2016 17:45:00 GMTTrump victory signals uncertaintyDonald Trump’s victory in the 2016 presidential election has brought a sense of discontinuity to global markets, 09 Nov 2016 09:00:00 GMTEBA investment funds consultation unpickedThe authority's plans to create a prudential framework for investment firms could finally do away with the ill-fitting Basel Market Risk approach of previous years, 08 Nov 2016 16:45:00 GMTPOLL: what’s driving Chinese M&A?IFLR’s poll this month asks what has been the key factor behind the rise in outbound PRC acquisitions, 04 Nov 2016 10:30:00 GMTTime is right for US reverse morris trustsThe tax-free structure is enjoying popularity in M&A circles as companies seek to reorganise their portfolios, 31 Oct 2016 13:00:00 GMTCommission targets tech in merger control consultationIts latest consultation on further simplifying the merger control framework also highlights its intention to catch high value technology mergers, 26 Oct 2016 12:00:00 GMTAmbivalent state policy hampers Chinese outbound M&AThe government has been struggling to strike a balance between encouraging corporates to buy overseas assets, and containing capital outflow, 26 Oct 2016 10:30:00 GMTUK AIFs won't be Brexit's big losersThe prospect of a so-called hard exit from the EU has the funds market considering who has the most at stake, 21 Oct 2016 09:30:00 GMTBrexit-related disclosures on the riseAround 400 US companies mentioned the referendum result in filings with the SEC in the summer. Lawyers say it's better to be safe than sorry, 17 Oct 2016 07:15:00 GMTDEAL: Blackstone and Arclight AEP acquisitionThe Blackstone Group and ArcLight are acquiring four Midwest power plants from subsidiaries of American Electric Power for $2.17 billion, 14 Oct 2016 21:00:00 GMTDEAL: Moscow City Ring Road section 3A $2 billion motorway construction concession deal has closed in Russia, the only such project so far for 2016, 13 Oct 2016 09:00:00 GMTPOLL: London's single market dilemmaThis month IFLR's poll takes a look at what the UK would need, post-Brexit, to maintain its position on the global financial scene, 12 Oct 2016 11:15:00 GMTHow to boost cross-border fund distributionDomestic rules on top of the EU passport are a barrier, but regulators want to maintain a degree of oversight for investor protection, 12 Oct 2016 09:00:00 GMTDEAL: Petrobras' $5.2 billion pipeline saleThe Brazilian state-owned energy company has sold gas pipeline networks to boost credibility with investors and increase competition, 11 Oct 2016 11:00:00 GMTUN cross-border insolvency law revisitedSince its adoption in 1997, the Model Law has seen a global uptake. But its lack of prescriptive approach has raised many practical questions, 11 Oct 2016 10:30:00 GMTFailure to enforce contracts damages Indian FDIM&A is booming, but the country still ranks 178th on the World Bank's contract enforcement ratings. Local lawyers say this has to improve, 11 Oct 2016 08:45:00 GMTIFLR European M&A forum: key takeawaysAll the highlights from IFLR's second M&A conference in London last month, 30 Sep 2016 13:45:00 GMTShareholder activists wise-up to national nuanceInvestors are becoming more adept at influencing change within a company. While some jurisdictional changes remain, interests are aligned, 30 Sep 2016 12:30:00 GMTInvestors find new routes to Indian JVsForeign investors are accessing markets with more favourable tax regimes for joint ventures following changes to India's rules, 30 Sep 2016 04:00:00 GMTIBA: Lessons from restructuring distressed businessesRestructuring troubled divisions must be done in a structured manner to avoid future problems. Here are some tips from recent global cases, 28 Sep 2016 12:00:00 GMTIndia FDI rules vexing foreign investorsThe country's foreign investment regime is increasingly taking the form of difficult conditions rather than a simple approval requirement, 28 Sep 2016 11:00:00 GMTChilean Dip financing needs pushDespite a solid legal framework, the restructuring tool has barely been used in the country, 28 Sep 2016 09:30:00 GMTEU insolvency harmonisation gathers steamA proposed directive is due at the end of next month, introducing minimum standards across four key areas of insolvency proceedings, 27 Sep 2016 10:45:00 GMTIFLR India M&A forum: key takeawaysIn case you missed it, all the highlights from the conference yesterday in Mumbai, 15 Sep 2016 13:45:00 GMTDissecting Saudi’s first insolvency lawThe kingdom has long been lacking a workable restructuring regime for corporates in distress. It's the latest of a series of economic reforms following the companies' law in May, 15 Sep 2016 09:45:00 GMTDIP financing comes to ColombiaAccess to funding for struggling companies is limited in the country, for both regulatory and commercial reasons. But a recent case suggests the tide may be turning, 14 Sep 2016 09:30:00 GMTChina’s crackdown on illegal PE funds lacks steamThe securities regulator has taken action, but tailored rules are still needed to reduce the risk to the country's financial system, 01 Sep 2016 09:00:00 GMTHow arbitration is moving with the timesAlexis Mourre, president of the International Chamber of Commerce International Court of Arbitration explains how the body continues to modernise, 31 Aug 2016 11:45:00 GMTWhat English court ruling means for SAB Miller/AB InBevThe decision that two groups of shareholders should vote separately has increased deal risk, but is in line with corporate governance principles, 31 Aug 2016 10:45:00 GMTWhy mega deals failData suggest deals valued at $10 billion or more are less likely to close. Market participants consider why that may be, 31 Aug 2016 09:30:00 GMTFoxconn’s landmark Sharp takeover unpickedThe Apple supplier has put the final seal on its $3.8 billion takeover of electronics giant Sharp, balancing multiple stakeholders and antitrust reviews, 26 Aug 2016 09:30:00 GMTChina’s mega real estate consolidation explainedOne of the country’s largest consolidations to date is on track, but cross-border elements have created compliance challenges, 19 Aug 2016 09:00:00 GMTHow to comply with the UK’s new whistleblower rulesThe framework is an attempt to change culture at financial services firms. The requirements should not be underestimated, 17 Aug 2016 10:30:00 GMTThird country AIFMD passport: three unanswered questionsFollowing Esma’s advice on extending the passport to countries outside the EU, the regulatory situation is everything but clear, 17 Aug 2016 10:30:00 GMTCSRC anti-hostile takeover rules are not legally viableChina’s securities regulator has cracked down on suspicious secondary market fundraising for takeover bids, but the new measures clash with the existing ones, 16 Aug 2016 12:00:00 GMTMaking DIP financing work for MexicoThe restructuring tool has been held back due to very little clarity as to how it works and a severe shortage of bank lending, 08 Aug 2016 11:30:00 GMTKaisa’s offshore debt restructure explainedThe Chinese property developer has put its 1.5-year restructuring woes behind it, but unfinished business remains, 03 Aug 2016 12:00:00 GMTIsraeli competition reforms boost M&AThe small country is making history by introducing the first ever anti-concentration law. Private equity houses will reap the benefits, 03 Aug 2016 10:45:00 GMTCfius urged to sharpen focus on Chinese bidsA letter urging the committee to block state-owned ChemChina's acquisition of Syngenta suggests anti-China sentiment in the US business community, 02 Aug 2016 17:45:00 GMTSaudi group's restructuring breakthrough assessedAhmad Hamad Al-Gosaibi & Brothers' deal with its main creditors means the end is a step closer for one of the Middle East’s longest running commercial disputes, 02 Aug 2016 17:30:00 GMTSolving Brazil's corporate restructuring crisisDIP financing has been slow to take off in Brazil. But a high number of companies in distress means a solution is needed, 29 Jul 2016 10:00:00 GMTELTIF model brings new approach to lending in FranceThe country's banking monopoly rules have been further relaxed following the authorisation of a crowdlending platform to launch a European long-term investment fund, 20 Jul 2016 12:00:00 GMTBrexit spells end to merger control’s one-stop-shopDual-track filings are likely to become the norm amid concerns that the UK will take an interventionist approach to M&A, 20 Jul 2016 10:45:00 GMTFund managers celebrate AIFMD adviceEsma’s long-awaited advice on passporting for non-EU countries is good news for many – Britain included, 19 Jul 2016 16:45:00 GMTColombo's Brazilian extrajudicial restructuring unpickedThe reorganisation featured active - and successful - domestic bank involvement. It could be the way forward for the distressed corporate sector, 18 Jul 2016 16:00:00 GMTBrexit further blurs EU insolvency pictureA UK no longer subject to the European Insolvency Regulation would struggle to have its own proceedings recognised in other member states, 06 Jul 2016 12:30:00 GMTBrexit's opportunities for US dealmakers revealedThe weak pound has given overseas buyers a boost. But if the UK goes ahead with its planned 5% corporation tax cut, further inversions are to be expected, 06 Jul 2016 12:15:00 GMTIndonesia's record leveraged buyout explainedEMR Capital and Farallon Capital have faced down unprecedented multijurisdictional regulatory issues in their acquisition of one of the world’s largest gold mines, 05 Jul 2016 11:00:00 GMTUK passporting fears realised on Brexit voteThe UK’s vote to leave the EU will now test financial institutions’ fears over loss of passporting rights, and specifically the likelihood of effective equivalence, 24 Jun 2016 10:30:00 GMTAntitrust and Cfius blamed for US M&A slowdownUS M&A activity in 2016 is showing signs of slowdown from 2015’s record year. Counsel are split over the reasons why, 21 Jun 2016 23:00:00 GMTLegal certainty tested in EU merger controlThe Commission’s recent review of a joint venture involving a Chinese SOE with no presence in the EU shows the regulator won’t take independence arguments at face value, 20 Jun 2016 13:45:00 GMTVietnam investors struggle with arbitral awardsThe country's courts are regularly denying arbitral awards issued overseas, while the process of seeking domestic arbitration is increasingly protracted, 17 Jun 2016 10:45:00 GMTFund managers assess Brexit passport lossThe UK would most likely pursue an equivalent regime. But the interim period could see British managers reliant on NPPRs, which differ wildly between member states, 08 Jun 2016 10:00:00 GMTSEC explores buyside stress testsThe regulator is considering how best to implement Dodd-Frank's insistence on measuring the systemic risk of funds, 08 Jun 2016 01:30:00 GMTForeign lenders struggle for recourse in Indonesian restructuresCounsel say the act of taking security over assets is a near impossibility for offshore lenders. The system is being tested by oil and gas companies amid the commodity rout, 07 Jun 2016 10:45:00 GMTPOLL: Reviving Asia’s PE marketIFLR’s poll asks what will be the biggest driver behind a resurgence of private equity in the region, 06 Jun 2016 13:30:00 GMTSoutheast Asia forum key takeawaysAll the highlights from last week's event at the Fairmont Singapore, with practical tips on capital markets, FDI and dispute management, 06 Jun 2016 12:30:00 GMTCreating an EU framework for loan originating fundsHogan Lovells lawyers assess Esma’s proposal for a harmonised regime, which is limited in scope and sends mixed signals to the market, 02 Jun 2016 11:30:00 GMTFrance legislates against corruptionA new law is viewed by many as long overdue, but the government’s decision to drop DPAs from the final draft has raised questions, 24 May 2016 16:45:00 GMTHK merger rules must broaden scopeCounsel argue that the city’s approach to merger control is too relaxed. They think the rules should apply to all sectors, 24 May 2016 12:00:00 GMTInvestors adjust to limited China enforcement rightsIn light of new foreign direct lending guidelines for Chinese companies, counsel have warned investors to do their homework first, 23 May 2016 12:15:00 GMTHK fund managers grapple with new client ruleLawyers say the scope of the new client agreement regulation is broad and compliance is likely to be cumbersome, 12 May 2016 12:15:00 GMTCreditors fight back against English schemesThe reorganisation tool is also under increased scrutiny by the courts. Extensive preparation will be key going forward, 10 May 2016 18:45:00 GMTAfrican PE misses $29b pension fund opportunityThe burden falls on sponsors to educate and accommodate the managers overseeing the continent’s significant pool retirement savings, 09 May 2016 15:15:00 GMTGrubHub acquires LA Bite in consolidation waveThe $100 million acquisition is a sign the US food delivery industry is becoming more reactive, 06 May 2016 14:30:00 GMTAnti-corruption must move up corporate agendasAs enforcement agencies become more powerful and better at communicating, companies must make the fight against corruption a priority, 27 Apr 2016 11:30:00 GMTPanama Papers to hasten AML cooperationThe Libor and forex scandals have laid the groundwork for quicker and stronger enforcement of the hoard of violations to be exposed by the Panama Papers, 27 Apr 2016 11:30:00 GMTSEC sharpens private equity focusThe US regulator is becoming increasingly sophisticated in its approach to private equity firms, and is set to further expand its remit, 26 Apr 2016 20:45:00 GMTStrict info exchange regime questioned in AsiaHong Kong counsel say clients are especially concerned about the absence of recourse to block exemptions, 25 Apr 2016 16:30:00 GMTLinklaters dominates IFLR’s European awardsThe magic circle firm was named international firm of the year at last week's ceremony at The Savoy in London. Congratulations to all the teams and dealmakers recognised for their work over 2015, 21 Apr 2016 15:30:00 GMTEquity crowdfunding: caveat emptor?The practice is gaining traction in Hong Kong. Professor Syren Johnstone looks at whether the proposed regulatory approach can manage investor risks, 18 Apr 2016 12:45:00 GMTMarket reacts to Pfizer-Allergan blockThe collapse of one of the most high-profile mergers of 2016 has shocked counsel, raising questions as to the future of inversions, 13 Apr 2016 09:30:00 GMTM&A counsel positive about 2016North American M&A activity is lagging behind the pace of 2015, but lawyers remain optimistic about the year ahead, 12 Apr 2016 18:15:00 GMTDoes Europe need value-based antitrust review?It would be another compliance burden for global deals – but possibly a necessary one, as the effectiveness of the turnover threshold is called into question, 12 Apr 2016 16:45:00 GMTReforming Turkey’s energy marketDr Jan Haizmann, a senior business consultant and board member of the European Federation of Energy Traders, assesses the country's energy sector, 12 Apr 2016 15:00:00 GMTFrance diverges on fund lending rulesAs the country takes a slightly different approach to Italy’s recent reform, Europe’s regulatory fragmentation continues, 11 Apr 2016 17:00:00 GMTChina's FTZ deregulation falls shortQuotas for currency convertibility have been set too low for multinationals to engage in any sizeable transactions, 08 Apr 2016 11:00:00 GMTSaudi boosts governance with new lawAfter 50 short years, the Kingdom has a new companies’ law. It will improve shareholder protections and ease the company formation process, 29 Mar 2016 18:45:00 GMTFive questions for CubaThe country’s capital markets may be in their infancy, but there are opportunities for corporates. Understanding the legal framework first is essential, 29 Mar 2016 13:45:00 GMTInfo exchange rife in Asia’s financial hubsPanellists at this month’s Asia M&A Forum said many are ill-informed of the legal liability attached to the practice, 29 Mar 2016 09:15:00 GMTChinese takeovers challenged by CfiusA growing number of outbound Chinese acquisitions are being targeted. It’s unclear whether the country’s buyers are being victimised, 23 Mar 2016 17:00:00 GMTCement appeal stifles EC competition powersLast week’s ruling on limits to the Commission’s information requests provides a boost to companies operating under its demanding antitrust regime, 15 Mar 2016 17:15:00 GMTIndian M&A: what buyers need to knowKotak Investment Banking’s Sourav Mallik talks deal-making in the year ahead, 15 Mar 2016 14:15:00 GMTAfrican Bank restructure sets workout precedentThe deal successfully imported the good bank-bad bank structure to South Africa. But domestic idiosyncrasies and an absence of resolution framework slowed the process, 15 Mar 2016 11:45:00 GMTFDI reforms raise compliance issuesNew rules designed to attract foreign investment have created confusion, particularly in the insurance sector, 14 Mar 2016 11:00:00 GMTItaly’s AIF lending liberalisation dividesEU funds can now lend to Italian corporates – but some say the plans fall short of expectations, 11 Mar 2016 10:00:00 GMTThailand’s outdated insider trading laws spark outragePenalties imposed on the country's 7-Eleven franchise chiefs have led to investor backlash over the antiquated regime and its unclear definitions, 07 Mar 2016 11:30:00 GMTAsia M&A Forum - key takeaways from day twoHighlights from this year's event in Hong Kong, 04 Mar 2016 15:00:00 GMTAsia M&A Forum - key takeaways from day oneHighlights from the IFLR event held in Hong Kong, 02 Mar 2016 12:30:00 GMTCorruption remains Asia’s top concernMore aggressive foreign enforcement of local anti-bribery laws has led to greater compliance among international businesses, 02 Mar 2016 11:45:00 GMTActive managers pre-empt closet tracking inquiryGreater transparency and better market efficiencies have prompted the shift, as it becomes increasingly difficult to outperform benchmarks, 02 Mar 2016 10:45:00 GMTAsia post merger integration comes of ageAcquirers are dedicating more time and resources to the transition phase. But a one-size-fits-all approach won’t work, 02 Mar 2016 08:30:00 GMTMexico's telecom liberalisation continuesAxtel SAB and Alestra have merged operations in a bid to compete in the country's telecommunications market, 01 Mar 2016 22:00:00 GMTNational insolvency regimes must try harderDespite a slew of member state reforms, divergences in approach remain a strain on EU economic growth, 01 Mar 2016 15:15:00 GMTA hedgies’ take on M&A in 2016Mike Winston of Sutton View Capital discusses the importance of intrinsic value investing at this point of the cycle, 29 Feb 2016 11:00:00 GMTPOLL: Will the SMR prevent misconduct?How effective can the UK's incoming Senior Managers' Regime be at preventing reckless behaviour? Vote now, 18 Feb 2016 16:30:00 GMTUAE insolvency framework faces long road aheadThe Gulf state needs a designated restructuring process to boost business. But the pace of legislative reform can be slow, 17 Feb 2016 11:00:00 GMTUkrainian merger control changes comfort and confuseA new regime that aims to shorten the review process has been welcomed, despite the retention of the seller’s assets and turnover in the merger review test, 17 Feb 2016 10:45:00 GMTArgentina makes progress with holdoutsThe Macri government has reached an agreement with some of its hardline US creditors. It's a significant step forward for the troubled Latin American economy, 16 Feb 2016 17:15:00 GMTUS fund managers don’t want passportsThe plan has always been to extend AIFMD passports to third countries, in due course. But another delay has made the market question the merits of the regime, 16 Feb 2016 17:00:00 GMTIndonesia's FDI liberalisation falls shortDespite the removal of 35 business lines from its Negative Investment List, the government's steps towards deregulation will not have the big bang effect it desires, 16 Feb 2016 11:30:00 GMTIFLR’s 2016 European awards: shortlist revealedThe nominations for this year's European awards have been announced. The winners will be revealed on April 21 at London's Savoy Hotel, 16 Feb 2016 10:30:00 GMTIndonesia’s first amended SOA restructureIt took three bankruptcy jurisdictions and 27 schemes of arrangement in Singapore alone to rescue chemical tanker Berlian Laju, 05 Feb 2016 10:45:00 GMTDistressed assets push Canadian M&AThe commodity crunch is driving opportunistic acquisitions and take-privates, 02 Feb 2016 22:15:00 GMTThe true motives behind Chinese merger clearanceA deal that boosts PRC growth may be more likely to receive the stamp of approval, 02 Feb 2016 21:45:00 GMTQatar moves to attract FDIIts financial free zone has opened its doors to more than 17 new industries, and more changes are afoot, 02 Feb 2016 17:15:00 GMTW&I insurance doubts remain despite growthUse of the feature in M&A rose in 2015. But some are unhappy with high costs, poor record of successful claims and regional discrepancies, 01 Feb 2016 14:45:00 GMTCMA caseload nearly doubles since NovemberThe UK’s antitrust watchdog has quietly increased its enforcement effort over the past three months. It creates headaches for SME compliance teams, 29 Jan 2016 17:45:00 GMTEuropean In-House Counsel Summit: key takeawaysHere are the key takeaways from last week's forum in London. Featuring practical tips on M&A, high yield, competition, corporate governance and more, 29 Jan 2016 10:30:00 GMTNew competitors drive PE dry powderHigher demand and fewer deals will dictate deal trends across the region this year, 22 Jan 2016 06:00:00 GMTMega-deal cycle to continue in 2016Counsel in the US believe last year's large-cap M&A trend is not disappearing any time soon, 15 Jan 2016 16:15:00 GMTIndia's first aerospace joint ventureThe country has welcomed its first aerospace joint venture under a revised FDI policy, as it celebrates 25 years of economic liberalisation, 11 Jan 2016 02:15:00 GMTAfrica PE must seize platform strategiesAs fund volumes continue to soar, GPs must pursue new tactics to stop the accumulation of excessive dry powder, 06 Jan 2016 09:45:00 GMTJapan’s corporate gov reforms lack teethOnly 10% of 2,500 mainboard-listed companies have fully complied with the country's first corporate governance code, introduced last June, 05 Jan 2016 13:45:00 GMTNew UK transparency rules enable activistsThe disclosure requirements for unlisted companies stem from a G20 initiative, but the changes could have unintended consequences, 04 Jan 2016 18:00:00 GMTHostile M&A at a crossroadThe structure could rise in 2016, as last year’s mega deals are replaced by consolidations. But increasingly complex antitrust regimes may hamper the tactic, 04 Jan 2016 14:30:00 GMTEU airline FDI caps are ineffective, outdatedThe overhaul of Europe’s struggling airline industry is long overdue, but it faces many hurdles to success, 24 Dec 2015 11:45:00 GMTEurope’s first cyber law will stingThe directive is tipped to create a patchwork of regimes, increasing the ways companies can be caught, 16 Dec 2015 10:30:00 GMTPfizer-Allergan reignites US inversion debateThe controversial megamerger has sparked speculation over US tax authorities' next move to clamp down on the structure, 16 Dec 2015 10:15:00 GMTAIFMD uncertainty lingers over passporting, NPPRsNon-EU fund managers are struggling to navigate both the passporting roadmap under the directive and its private placement workaround, 16 Dec 2015 09:30:00 GMTCanadian Oil Sands' poison pill preempts reformsThe company's extension of its shareholder rights plan to 90 days has been ruled valid. It comes ahead of changes to the country's bidder-friendly takeover regime, 02 Dec 2015 11:00:00 GMTHow to survive a competition investigationAs regulators get creative with identifying anti-competitive behaviour and enforcing the law, all areas of the business must be alert to what constitutes a breach, 01 Dec 2015 18:30:00 GMTPrivate equity brings new tactics to M&AGlobal dealflow is strong, and sellers are becoming more aggressive in their contracts as a result, 01 Dec 2015 17:00:00 GMTWhy Pfizer-Allergan inversion criticism is misplacedThe record-breaking merger has attracted fierce criticism, but the focus should be on US authorities’ deceptive use of guidance, 01 Dec 2015 14:15:00 GMTPoor local enforcement hampers FIE reformChina's government wants to ease restrictions on the investment vehicle. Local counsel say enforcement of the country’s amended Company Law is already lax, 01 Dec 2015 11:00:00 GMTSFO says first DPA will be templateUK white-collar lawyers should study Standard Bank's deferred prosecution agreement regarding Bribery Act offences. Any future DPAs could look very similar, 01 Dec 2015 09:00:00 GMTEC opens Pandora’s Box for competition gripesNational competition authorities have welcomed the Commission’s push to give them more powers. But counsel believe the EU regulator also needs to look at its own processes, 30 Nov 2015 16:30:00 GMTLatAm sees aggressive antitrust enforcementAs the region pushes ahead with new competition laws and tougher practices, corporates around the world must pay attention, 18 Nov 2015 11:15:00 GMTInvestors want to talk about risk, not performanceA report reveals significant discrepancies between the corporate governance issues that boards and shareholders want to discuss, 18 Nov 2015 09:45:00 GMTThe GE-Alstom saga: beginning to endEighteen months after it was agreed, the landmark transaction has closed. Deal counsel have questioned the severity of the EC's investigation, 18 Nov 2015 08:15:00 GMTEuropean boards wise up as activism spreadsCompanies are finally prioritising the implementation of defence plans against activists as volumes look set to break records, 18 Nov 2015 08:00:00 GMTMerger review missing from HK antitrust rewriteCounsel are disappointed that a comprehensive merger regime will not be incorporated into the new competition policy which is tipped to take full effect next month, 16 Nov 2015 13:15:00 GMTThe dos and don’ts of cartel dawn raidsIn-house competition counsel recommend performing mock raids across multiple locations, and managing tensions between defending your rights and the duty to cooperate, 16 Nov 2015 12:00:00 GMTUS M&A sentiment strong despite antitrust concernsThe pipeline is slowing, but counsel remain cautiously optimistic about 2016. Competition concerns are expected to linger until after next year’s Presidential elections though, 03 Nov 2015 22:45:00 GMTHow to build a pan-European insolvency regimeThe only way to agree on a universal framework is by combining the best approaches and creating something new, 03 Nov 2015 18:45:00 GMTPre-pack guidelines could stifle UK rescuesA new guidance note has set out recommendations for improving transparency in pre-pack sales. But it could limit their effectiveness as a way to rescue businesses, 03 Nov 2015 16:30:00 GMTKenya’s corporate overhaul causes confusionSubstantial updates to companies and insolvency laws have bewildered local lawyers, 03 Nov 2015 14:45:00 GMTLong judicial processes hinder Thai debt restructuresCounsel have called for a revamp of the country’s decades-old bankruptcy law to expedite in-court restructures, as authorities grapple with a resurgence of NPLs, 22 Oct 2015 12:15:00 GMTEurope needs foreign shareholder voting solutionThe European Commission’s CMU action plan has been celebrated across sectors. But it lacks one feature which counsel say continues to deter European investment, 21 Oct 2015 00:00:00 GMTInsolvency harmonisation remains a distant illusionPanellists at this month's IBA annual conference in Vienna lament the lack of progress towards a global framework, 21 Oct 2015 00:00:00 GMTLatAm M&A’s new investment profile Falling commodity prices and regional political risk have contributed to a slowdown. Counsel are now asking what the rest of this year will hold, 21 Oct 2015 00:00:00 GMTKorea ETF discrepancies raise liberalisation fears As trading irregularities grow, the FSC must tackle offshore exchange-traded fund manipulation, 15 Oct 2015 00:00:00 GMTHK cartel leniency powers are unclearCounsel in Hong Kong have criticised the lack of clarity on the treatment of subsequent whistleblowers under the city’s first leniency policy, 12 Oct 2015 00:00:00 GMTDisclosure-only settlements challenged by Delaware CourtThe Delaware Court of Chancery is questioning the practice of disclosure-only settlements having issued an opinion that could signal the end of the feature, 06 Oct 2015 00:00:00 GMTUncertainty hampering Japan’s corporate governance codeCounsel in Japan have questioned the country’s corporate governance code, as Prime Minister Shinzo Abe has reiterated his intention to clean up the country’s corporate sector, 06 Oct 2015 00:00:00 GMTMerger control authorities must lead by example New competition regulators are being established all the time. Those already in existence must realise how closely their decisions are being watched, 05 Oct 2015 00:00:00 GMTUS activist tactics penetrate EuropeHedge fund activists are becoming increasingly vocal as they break into the European landscape, 01 Oct 2015 00:00:00 GMTEarnouts are suffering a reputation crisis General counsel have queried the effectiveness of earnout clauses in bridging value gaps in M&A, suggesting more straightforward economic arrangements may be a better solution, 30 Sep 2015 00:00:00 GMTIFLR European M&A Forum highlightsThis inaugural event was held in London on September 29. Here are the key takeaways from the day's panels, 30 Sep 2015 00:00:00 GMTSaudi removes wholesale, retail FDI restrictions The changes are expected next year, and are part of a suite of legislative reforms designed to make the kingdom more attractive to foreign investment, 23 Sep 2015 00:00:00 GMTMyanmar companies have one week to confirm existenceLocal companies have 19 days to notify their existence to DICA. Those that don’t comply could be removed from the register, 07 Sep 2015 00:00:00 GMTManaged products need more transparency Securities research firm Morningstar is proposing that all managed products sold to investors should have increased and equivalent disclosure standards, 02 Sep 2015 00:00:00 GMTPE and VC fund terms convergeVenture capital funds are getting bigger, and their limited partners are demanding more protections. That has pushed VC terms closer to those of buyout funds, 26 Aug 2015 00:00:00 GMTUK Pipes are back – for nowVolatility and a lack of liquidity in Aim-listed stocks has sparked growing interest in private investments in public equity. But deals today may not indicate a long-term trend, 26 Aug 2015 00:00:00 GMTGovernance shake-up for Irish investment firmsThe Central Bank’s recently-closed consultation paper has received a lukewarm response, with some saying it is overly prescriptive, 25 Aug 2015 00:00:00 GMTIFLR Middle East awards 2015: shortlist announcedThe nominees for this year's Middle East awards have been announced. Winners will be announced at the ceremony on October 28 at the Burj Al-Arab in Dubai, 25 Aug 2015 00:00:00 GMTAIFMD passports endanger national PP regimes The introduction of a non-EU passport could remove national private placement regimes as an option for non-EU fund managers looking to market in the region, 12 Aug 2015 00:00:00 GMTEsma’s AIFMD advice disappoints Asia’s fund centresThe European Securities and Markets Authority issued advice on non-EU passporting late last month. Its assessment of Hong Kong and Singapore was not encouraging, 12 Aug 2015 00:00:00 GMTOman close to finalising new takeover codeThe legislation is aimed at bringing the regime into closer alignment with western jurisdictions. But some claim it doesn’t reflect local market conditions, 12 Aug 2015 00:00:00 GMTSEC’s pay ratio rule offers flexibilityThe Securities and Exchange Commission’s final rule for disclosing the pay ratio between CEOs and their median employee gives companies significant leeway in a calculation that some claim offers investors little useful information, 11 Aug 2015 00:00:00 GMTSiemens-Dresser-Rand phase 2 review unnecessaryIt’s one of the first three-to-two mergers to receive unconditional clearance from the EC. But some say it should have come easier, 30 Jul 2015 00:00:00 GMTAstana Finance’s six-year restructure explained The Kazakh firm's $2 billion restructure was complicated by the fact it wasn't a systemically important financial institution when it defaulted in 2009, 29 Jul 2015 00:00:00 GMTFunds will be first to enter IranThe robust Tehran Stock Exchange may be foreign investors’ best option for entering the country, following the anticipated removal of financial and trade sanctions from next year, 29 Jul 2015 00:00:00 GMTIndia backtracks on consolidated investment caps Streamlining separate caps for foreign institutional investors and foreign direct investors will boost the country's financial markets infrastructure. But the rumoured exclusion of the banking sector would negate much the reform's impact, 29 Jul 2015 00:00:00 GMTAOL/Verizon appraisal litigation assessedThe deal closed in just 42 days. It followed 12 months of speculation that the AOL was a prime takeover target, yet the merger has still raised valuation concerns, 28 Jul 2015 00:00:00 GMTTorm adopts English law to access SOAThe Danish shipping company is the latest European corporate to make use of an English scheme of arrangement. The deal clears nearly two-thirds of its debt, 28 Jul 2015 00:00:00 GMTUcits seek new ETF share classReforms have driven Europe's record ETF volumes. And asset managers are now trying to issue exchange-traded share classes from existing Ucits platforms, 28 Jul 2015 00:00:00 GMTDominican Republic passes new insolvency lawA bill approved by the national congress last Tuesday will see the establishment of new bankruptcy courts and a new system for restructures, 27 Jul 2015 00:00:00 GMTCreditors win under Italian bankruptcy reformsParliament is expected to approve the introduction of local schemes of arrangement and competing plans in restructuring proceedings, 14 Jul 2015 00:00:00 GMTKuwaiti banks oppose US-style insolvency lawThe reform could drastically improve the country’s competitiveness as an investment destination. But banks want something better suited to local conditions, 14 Jul 2015 00:00:00 GMTSingapore codifies F&N takeover precedentAmendments to the Takeover Code follow recent UK and Hong Kong changes. They also clarify processes established during the contested takeover of Fraser and Neave, 14 Jul 2015 00:00:00 GMTUAE companies reform fails to deliverThe new legislation lacks clarity and doesn’t address the Gulf state’s hottest corporate topic: foreign direct ownership, 14 Jul 2015 00:00:00 GMTUS M&A is backThe first half of 2015 has seen activity reach highs not seen since 2007. The catalyst is a combination of unique post-crisis trends., 14 Jul 2015 00:00:00 GMTVietnam builds hopes on FDI reformsA flurry of changes to the foreign investment regime is hoped to ease the path for potential market entrants, 14 Jul 2015 00:00:00 GMTChina take-private wave continues despite A-share crashA number of US-listed Chinese companies have announced plans to delist, driven by record highs in the A-share markets and new regulatory initiatives, 13 Jul 2015 00:00:00 GMTM&A needs more human rights diligence Both strategic and financial investors must carry out human rights due diligence to mitigate litigation and reputational risk, 01 Jul 2015 00:00:00 GMTUS rule of law blocks trump ChinaA global survey has revealed that foreign investors are more likely to encounter rule of law issues in the US than China, 01 Jul 2015 00:00:00 GMTRadioShack’s bankruptcy sagaAfter selling its best asset, the electronics retail chain enters liquidation, 30 Jun 2015 00:00:00 GMTWhy funds have shunned general solicitationUS regulators have lifted the ban on general solicitation by funds, but market uncertainty has stalled its use. Marianne Hudson from the Angel Capital Association addresses the leading concerns, 26 Jun 2015 00:00:00 GMTUK’s senior managers regime tipped for global standardThe UK’s new approach to corporate governance has been welcomed by market participants, who expect it to be adopted worldwide, if successful, 19 Jun 2015 00:00:00 GMTISDS and TTIP: why all the fuss? Last week’s delay of the European Parliament’s vote on the US-EU trade pact has created new impetus to debunk myths surrounding its most contentious provision – investor-state dispute settlement, 17 Jun 2015 00:00:00 GMTUK financial competition study receives mixed responseThe Financial Conduct Authority’s terms of reference for its latest market study have been met with a mixed response from market participants, 17 Jun 2015 00:00:00 GMTTroubled Asian companies seek acquisitionsAn AlixPartners survey released this week has revealed that the vast majority of restructuring professionals in the Asia Pacific believe that doing more acquisitions is a successful restructuring strategy, 16 Jun 2015 00:00:00 GMTDoJ plans clearer rules for cooperation creditThe US Department of Justice is looking to distinguish more clearly the benefits of self-reporting fraud versus cooperating after regulators step in, 15 Jun 2015 00:00:00 GMTFCA’s Bethell defends competition market studiesAt an IFLR roundtable, the Financial Conduct Authority’s competition manager has defended the increased depth and frequency of the UK regulator’s market studies, 15 Jun 2015 00:00:00 GMTDelaware improves cross-border arbitration The recently enacted Delaware Rapid Arbitration Act (DRAA) gives companies the ability to select a traditional arbitration process, shortening the time to reach a final decision and cutting costs for both sides, 12 Jun 2015 00:00:00 GMTEC’s say-on-pay proposal is flawedWhile there are problems surrounding executive pay, proposed changes to the EU Shareholder Rights Directive aren't necessarily the solution, 12 Jun 2015 00:00:00 GMTHK/China mutual recognition of funds: what’s needed before July 1In four weeks, applications will open for one of the most important initiatives for opening China’s markets, 05 Jun 2015 00:00:00 GMTGTECH-IGT tests EU Merger DirectiveThe deal that created one of the world’s biggest gaming groups is the first to use the EU Cross-Border Merger Directive, and has drawn the US into Europe’s loyalty-based shares debate., 03 Jun 2015 00:00:00 GMTAfrican PE opportunities to growCarolyn Campbell, managing director at Emerging Capital Partners, discusses how many of these challenges can be overcome with a local insight, 02 Jun 2015 00:00:00 GMTA-share lock-ups hinder PE exitsChina’s onshore IPO market is moving towards a registration-based system. But private equity professionals need reduced lock-ups if they are to exit onshore, 02 Jun 2015 00:00:00 GMTEC tougher than Mofcom on merger clearanceA recent report by Linklaters reveals that merger control enforcement rates are higher in the EU than the US and China, 02 Jun 2015 00:00:00 GMTHow China’s Bocom entered BrazilThe bank’s purchase of Brazil’s Banco BBM will open up new lines of credit for businesses looking to expand in the struggling Latin American economy, 02 Jun 2015 00:00:00 GMTLPs prefer China country fundsLimited partners speaking at an industry conference have expressed a preference of country or sector focussed-general partners, noting their clearer value proposition, 02 Jun 2015 00:00:00 GMTRussia civil code changes diluted by court discretionAmendments took effect this week, introducing reps and warranties, indemnities and options into M&A practice. But meaningful change will have to wait until courts rule on the discretionary features of the changes, 02 Jun 2015 00:00:00 GMTKorea proposes lifting FDI capsThe government is trying to attract more foreign investors by streamlining filing procedures and liberalising restricted sectors, 27 May 2015 00:00:00 GMTChina/HK mutual recognition of funds moves forwardThe CSRC and SFC have reached an agreement on Mainland – Hong Kong mutual recognition of funds, 22 May 2015 00:00:00 GMTDTEK shifts high-yield restructuring options A Ukrainian company’s successful restructuring of its high-yield bonds could further boost UK schemes of arrangement as a viable alternative to the US Chapter 11 process, 20 May 2015 00:00:00 GMTIndia’s insider trading rules send mixed M&A messagesThe country's new regulations came into force on May 15. Their stricter approach will boost market integrity, but may have an adverse effect on deal-making, 20 May 2015 00:00:00 GMTNigerian corporate governance boosted by new code The IFC’s new national code looks to improve on the country’s previous light touch approach to corporate governance, 20 May 2015 00:00:00 GMTFarc negotiations key to Colombian FDIFor the business community, much hinges on the peace talks between the government and guerrilla organisation Farc. Some compare the strategy to that used in M&A negotiations, 19 May 2015 00:00:00 GMTHK bank M&A becomes more sophisticatedThe recent takeover of Standard Chartered’s consumer financing business in Hong Kong and China by an international consortium highlighted increasing interest in the special administrative region’s banks, 19 May 2015 00:00:00 GMTA new option for Aussie loan-to-own dealsFalling commodities prices have prompted a number of restructurings in Australia. And creditors have developed a new mechanism for maximising value of distressed assets, 05 May 2015 00:00:00 GMTDouble voting plans could distort shareholder powerUK and French plans for double voting rights could entrench incumbent management and lead to undue influence for larger shareholders, according to market participants, 05 May 2015 00:00:00 GMTLiability risks jeopardise Petrobras asset saleBuyers interested in business lines and assets being sold by Brazil’s state-run oil company need to beware the corruption liability they may assume, 05 May 2015 00:00:00 GMTPrivate equity risks dry powder in AfricaThere are concerns that African businesses are not ready to absorb the growing volume of private equity (PE) funds dedicated to the continent, 05 May 2015 00:00:00 GMTHow to contract with Indonesian counterpartiesForeign investors face difficulties enforcing contractual obligations in Indonesia. But it’s possible to anticipate many issues at the drafting stage, 30 Apr 2015 00:00:00 GMTBain GC on transparency in a private industrySean Doherty, general counsel at Bain Capital addresses the biggest concerns for the US private equity market, 21 Apr 2015 00:00:00 GMTIndia-focussed funds on the risePrivate equity funds and their investors are sensing opportunities in India, prompting a renewed focus on country-specific funds, 21 Apr 2015 00:00:00 GMTRating agencies' views differ on Kaisa defaultTroubled Chinese property developer Kaisa defaulted this week on its 12.875% notes due 2017 and 8.875% senior notes due 2018. It’s still unclear what this means for bankruptcy in the country, 21 Apr 2015 00:00:00 GMTAllen & Overy wins top award at IFLR’s European ceremonyAllen & Overy was named the international firm of the year at last night's 16th annual IFLR European Awards on April 16, 17 Apr 2015 00:00:00 GMTAmericas Women in Business Law Awards 2015 – shortlist announcedThe shortlist for the fourth annual Euromoney Legal Media Group Americas Wibl Awards has been announced, 16 Apr 2015 00:00:00 GMT