Recent developments in fintech-related banking regulations in Japan | Anderson Mōri & Tomotsune

Legal Briefing

Traditional banks have been the key players of the finance industry in Japan. In recent years, however, fintech companies, on the back of venture capitalists and lighter licensing burdens, have been increasingly active in certain aspects of finance in Japan. This has resulted in pressure on traditional banks to provide fintech services, whether by themselves …

Doing business in Colombia | Holland & Knight

Legal Briefing

Colombia continues to be one of the preferred countries for investment in Latin America due to the stability of the country, its location, its numerous trade agreements with several markets, its tax incentives and favourable conditions for starting a business which benefits investors.

Changes in the Irish business interruption insurance market | ByrneWallace

Legal Briefing

It is a time of significant change for the Irish insurance market. Business interruption insurance has, in particular, become a focal point of the challenges presented by the Covid-19 pandemic. On 5 February 2021, Justice Denis McDonald of the Irish High Court held that the pub owners were entitled to be compensated by FBD Insurance …

Litigation funding for claims – a growing investment market | Brodies

Legal Briefing

Would you invest your own money in the outcome of someone else’s court battle? It intuitively sounds risky, but the market for litigation funding across the globe is booming. In the UK alone, the top 15 funders reportedly have almost £2bn of assets under their control, and with the growth of potentially lucrative class action …

Doing business in Argentina | Beccar Varela

Legal Briefing

The Argentine Republic is a federal republic and representative democracy, comprised of 23 provinces and the city of Buenos Aires. Argentina is the second largest economy in South America, and is part of the G20. With a mainland area covering 2,780,400 square kilometers, Argentina is known for its vast natural resources and highly diversified economy.

The benefits and costs of conducting an internal investigation – Is it better to let a sleeping dog lie? | Steptoe & Johnson

Legal Briefing

One of the most difficult questions a management team sometimes faces is whether – absent a legal, regulatory or statutory duty to do so – a company should conduct an internal investigation. The answer is relatively easy in most countries if a law enforcement agency is knocking on the proverbial door, the company receives a …

Insurance in South Korea | Shin & Kim

Legal Briefing

The seventh-largest country in the world by insurance premiums, the South Korean insurance industry is highly competitive. At the end of 2020, life and non-life insurance premiums reached KRW221.9trn (approximately $95.7bn), up 4.3% from 2019. The insurance regulatory framework is a two-tiered supervisory system, with the Financial Services Commission (FSC) overseeing the insurance industry by …