On 30 March 2021, the National Bank of Cambodia (NBC) issued Prakas No. B7-021-105 on the Conditions for Bancassurance Business of Banks and Financial Institutions (the Prakas). This International Briefing sets out the main provisions of the Prakas and considers the impact that it has on banks and financial institutions in Cambodia and, more generally, the development of Bancassurance business in Cambodia.
13 June 2024In this briefing the authors provide an overview of Bill No. 5,387 which seeks to update Brazil’s foreign exchange (FX) legal and regulatory framework and is awaiting approval and sanction.
13 June 2024This article introduces and analyses the legislative background and some major changes of the PRC Securities Law 2020, including the full implementation of the registration-based IPO regime, stricter penalties for illegal activities (eg fraudulent issuance, misrepresentation, and false information disclosure), as well as the improvement of the investor protection regime for a disclosure-centred regulatory system.
13 June 2024