The US regulatory environment continues to revamp with new rules being issued to conform to legislative mandates in the Dodd-Frank Act. The UK and EU also seek to reinforce previous global initiatives to reform and strengthen financial markets. These developments and implications are discussed. VIEW SUMMARY

Under analysis in this white paper are options for addressing in loan documentation the US Commodity Futures Trading Commission requirement that guarantors of swaps that are not entered into on designated contract markets must be "eligible contract participants". VIEW SUMMARY

This alert provides practical guidance for the use of non-GAAP measures that balances the needs of issuers, the market and the US Securities & Exchange Commission. VIEW SUMMARY

In this private equity update, issues discussed include the SEC increasing its focus on transaction fees and other broker-dealer issues for private fund sponsors. Also, the US President’s budget proposals including changes to carried interest taxation, both of which will impact investors. VIEW SUMMARY

Under review is how conventional secured lending and leasing structure for an asset can be developed into a Shari'a compliant product, thereby providing asset leasing companies and operators with the opportunity to meet their financing needs by accessing the liquidity of the Islamic finance market. VIEW SUMMARY

Vietnam recently introduced certain regulatory changes on foreign investors’ securities trading, and for the first time authorised the formation of securities investment companies (“investment companies”), exchange-traded funds (“ETFs”) and real estate investment funds (“REIFs”). VIEW SUMMARY

Under review is how from 22 July 2013, a large group of 'AIFMD exempt' European venture capital managers may elect for 'EuVECA' status of their venture capital funds. By complying with certain requirements they will become entitled to a European marketing passport (and share certain other benefits). VIEW SUMMARY

This white paper provides an outline of changes to Japan’s insider trading and the related monetary penalty system in late 2012. Also in the spotlight are further potential changes to their Insider Trading Regulations expected to come about in 2013. VIEW SUMMARY

Following the example of the most reliable and secure foreign legislations on securitisation, Morocco has modified its securitisation act n°33-06. Under discussion in this white paper is the impact upon companies and investors in Morocco and Africa. VIEW SUMMARY

The UAE Securities and Commodities Authority (SCA) has made some significant changes to its Investment Funds Regulations (IFR) prior to the 12 month transitional period (during which all fund managers are to apply for approval of their funds for marketing in the UAE) expiring in August 2013. VIEW SUMMARY