The winter months have seen a range of significant measures in tax legislation, from tax incentives for foreign investment and various measures to promote the technology sector to building on earlier measures to increase tax collections. China reformed its individual income tax law and has extended, with adjustments, its policy on retail imports through e-commerce.

Since the Asian financial crisis of the late 1990s, the region’s high-yield debt capital markets have expanded dramatically. And during the past several years, amid an expanding global economy, issuance volumes have hit record levels, with exciting changes in deal structures and covenant packages.

This four-part multimedia series offers practical insights on high-yield debt for Asia-based issuers seeking to understand important covenants and trends.

On December 27, 2018, an Agreement on Technical Cooperation and Mutual Assistance ("Technical Cooperation Agreement") entered into force between the Brazilian Federal Court of Auditors ("TCU") and the Administrative Council for Economic Defense ("CADE").

In our 29 October 2018 and 30 November 2018 Legal Updates, we discussed the passage of legislation to increase the statutory paternity leave entitlement in Hong Kong from three days to five days.

That increase in paternity leave entitlement will take effect on 18 January 2019.

On November 20, 2018, Federal Law No. 13,777 was passed, establishing a new form of condominium—a "multi-ownership" condominium. Multi-ownership allows the co-owners of a property to each use it for a pre-determined period of time as its single owner.

Bylined article by Banking & Finance partners Barbara Goodstein (New York) and Jennifer Kratochvil (Chicago).

As the third week of the US government shutdown draws to a close with no apparent end in sight, effects are being felt even in the asset-backed securities market.

Perspectives spoke with Litigation & Dispute Resolution partner Chris Mikson (DC), whose training as a physician, registered patent attorney and trial lawyer has opened doors to a colorful and fulfilling career.

Brian D. Hirshberg, J. Paul Forrester, and Anna T. Pinedo discuss the SEC’s new rule establishing a non-exclusive research report safe harbor (“Rule 139b”) for unaffiliated brokers or dealers that publish or distribute research reports regarding qualifying investment funds in Harvard Law School’s Forum on Corporate Governance and Financial Regulation.

Reprinted with permission.

Counsel Bradley Berman and associate Michael Russo discuss the requirements and application of FINRA Rule 2210 in Mayer Brown’s latest On point

Beth Brown, a senior associate in our Pensions Group in London, looks at some recent Pensions Ombudsman determinations of interest.