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RPC | Global, United Kingdom | 24 Sep 2020

CFH Clearing Limited v Merrill Lynch International [2020] EWCA Civ 1064

The Court of Appeal has held that "Market Practice" is too wide a term to be implied into an ISDA Master Agreement covering currency trading…

Latham & Watkins LLP | Singapore | 22 Sep 2020

Singapore: New Best Execution Requirements

On 3 September 2020, the Monetary Authority of Singapore (the MAS) issued a response to feedback about its proposal for holders of a capital markets…

Khaitan & Co | India | 21 Sep 2020

Foreign Direct Investment in Defence - Increase in Sectoral Cap

On 16 May 2020, the government had announced raising the Foreign Direct Investment (FDI) limit in defence man…

White & Case LLP | Africa | 17 Sep 2020

International project finance and currency reforms in West and Central Africa

Currency is a hot topic in West and Central Africa, in both the Economic and Monetary Community of Central Africa (EMCCA, or CEMAC in French)…

AnJie Law Firm | China | 15 Sep 2020

WFOE shopping: how do Beijing, Shanghai and Shenzhen compare for establishing an insurance WFOE in China?

Foreign insurers cannot directly sell insurance products in China unless they have successfully established a Joint Venture or wholly foreign-owned…

Baker McKenzie | Turkey | 11 Sep 2020

Turkish FX Laws: Capital Movements Circular Amends FX Earnings Statements for FX Loans

The Central Bank of the Republic of Turkey (“CBRT”) introduced an amendment (“Amendment”) to the Capital Markets Circular…

Addleshaw Goddard LLP | United Kingdom | 11 Sep 2020

Forex Trader Pleads Guilty To £20.5million Ponzi Scheme

A fraudulent foreign exchange trader has pleaded guilty to 19 fraud offences at Southwark Crown Court, following a £20.5 million international…

Lakshmikumaran & Sridharan | India | 9 Sep 2020

Restrictions on FDI from bordering countries

In light of the disruption caused by the COVID-19 pandemic, India has adopted a similar approach to the United States and Europe and restricted…

AUM Law | Canada | 31 Aug 2020

In Brief: NASAA Task Force Targets COVID-19 Fraudsters

On August 19, the North American Securities Administrators Association (NASAA) reported on the activities of its COVID-19 Enforcement Task Force…

King & Wood Mallesons | Malaysia | 27 Aug 2020

Foreign Direct Investment: Changes in Malaysia

There have not been broadly applicable changes to foreign investment rules in Malaysia. Malaysia remains generally FDI-friendly but certain sectors…
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