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The New COMESA Merger Control Regime: All Filings Welcome? [Japanese version]
17 May 2013
Publication
The supra-national merger control regime of the Common Market of Eastern and Southern Africa (COMESA) came into force on 14 January 2013. It has long review periods, potentially high filing fees and no jurisdictional thresholds, but does not prohibit closing...
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Securitisation law reform: new perspectives for financing the Moroccan and wider African economy
25 April 2013
Publication
Following the example of the most reliable and secure foreign legislations on securitisation, Morocco has modified its securitisation act n°33-06.
The former securitisation act n°10-98 and act n°33-06 introduced a securitisation framework...
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La réforme de la loi sur la titrisation : de nouvelles perspectives pour le financement de l’économie au Maroc et en Afrique
25 April 2013
Publication
En s'inspirant des législations étrangères les plus performantes et sécurisantes en matière de titrisation, le Maroc a profondément modifié sa loi n°33-06 relative aux opérations de titrisation.
Par...
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The New COMESA Merger Control Regime: All Filings Welcome?
8 February 2013
Publication
The supra-national merger control regime of the Common Market of Eastern and Southern Africa (COMESA) came into force on 14 January 2013. It has long review periods, potentially high filing fees and no jurisdictional thresholds, but does not prohibit closing...
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Basel III: relaxations to the Liquidity Coverage Ratio
14 January 2013
Publication
The Basel Committee on Banking Supervision ("BCBS") published the finalised Liquidity Coverage Ratio ("LCR") on 7 January 2013. The finalised LCR is less onerous than the original formulation published in December 2010 and should therefore...
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MOZAMBIQUE – Will the New Mining Law enter into force this year?
3 December 2012
Publication
The New Mining Law was expected to be passed by Parliament this year. However, considering the timing and the apparent embryonic stage of the last official draft of the New Mining Law there is a possibility that it will suffer further changes in the months ahead...
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Conflict minerals: Dodd-Frank turns a light on the DRC
1 October 2012
Publication
New rules have been adopted in the US requiring annual disclosures of the use in manufacturing of 'conflict minerals' sourced from and around the Democratic Republic of the Congo. The rules will bite from 2013 giving affected organisations only...
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Doing business in Morocco
13 July 2012
Publication
Morocco offers considerable business opportunities in Africa as a result of:
• its growing, diversified economy, which has allowed it to weather the international and financial crisis and to continue to develop large scale projects;
• its political stability;
•...
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Foreign exchange regulations for the Angolan oil and gas sector
7 June 2012
Publication
The oil and gas sector is currently Angola's most important source of income and foreign currency. Companies, national and foreign, investing and operating in the oil and gas sector are not subject to the generally applicable foreign exchange regulations....
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Angolan foreign exchange regulations
7 June 2012
Publication
The Angolan economy is heavily dependent on income generated by its oil and gas sector and, whilst the country is rebuilding its economy after years of civil war, it has limited (albeit growing) local production. The economy is therefore primarily US dollar based...