The Regulation on Foreign Exchange Administration of Cross-border Security together with its operational guidelines (collectively the New Rules) released by the State Administration of Foreign Exchange (SAFE) came into effect...more
When goods are delivered to a professional storage operator (we will refer to them as a warehouseman) for safe keeping, they may become subject to a lien. A lien is a security right which gives the warehouseman rights over...more
The Indonesian government had been due to enforce an effective ban on the export of unprocessed mineral ores from 12 January 2014. It now appears that the ban will be more restricted than originally planned and aimed...more
In 2010 we reported on legal developments affecting Indonesia’s coal mining industry. Since then, Indonesia – the fourth most populous country in the world with a US-dollar economy in excess of one trillion – has continued to...more
For background information on bullion trading, see the Q&A at the bottom of this alert.
Singapore’s growth as a global commodity trading hub continues, with recent developments affecting the city’s role in the precious...more
We have written previously about force majeure clauses in the context of market disruption events that have occurred or were anticipated (See previous alerts, 11-027, 11-007, 10-189 and 09-005, on force majeure). Lawyers...more
The knock-on effects of the global economic crisis have influenced the financing of the commodities trading industry. Changes in the regulatory landscape in Europe and the United States have likewise...more