Replacing Circular 75, Circular 37 simplifies the SAFE registration process for Chinese residents seeking offshore investments and financings, and it liberalizes cross-border capital outflow by Chinese residents. In addition,...more
The Chinese foreign exchange control authority recently adopted material changes to the regulatory framework on overseas financing and investment via special purpose vehicles undertaken by Chinese domestic residents and the...more
The Securities and Exchange Commission (SEC) recently issued a guidance update (Update) on Rule 206(4)-2 of the Investment Advisers Act of 1940 (Custody Rule), which regulates the custody practices of registered investment...more
A statute just enacted in New Hampshire will subject tractors, farm implements, construction, industrial, and forestry equipment, and even lawn and garden equipment to the detailed regulatory regime applying to car...more
On 21 June 2013, Law Decree no. 69 of 21 June 2013 (the Decree) was published in the Official Gazette.
Among many other provisions aimed at supporting the Italian economy, the Decree significantly extends the scope of...more
Jabal Omar Development Company (JODC) recently embarked on its first PPP initiative in the Holy City of Makkah, a district energy project (Project) to service the company’s USD5.5bn mixed-use development at Makkah...more
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