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Links to China : PBOC opens up new financing channels for entities in the Shanghai Free Trade Zone

PBOC opens up new financing channels for entities in the Shanghai Free Trade Zone New measures of the PBOC have reformed the approval and quota-based system for  borrowing RMB and foreign exchange outside China (together "foreign debt").

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Links to China : China Promotes Innovation and Development of Cloud Computing

China Promotes Innovation and Development of Cloud Computing The State Council has called for local governments and ministries to develop the cloud computing industry in order to harness its ability to optimise the allocation of IT and data resources in accordance with market demand.

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Abu Dhabi Global Market

Abu Dhabi, the largest emirate in the United Arab Emirates, has established the Abu Dhabi Global Market (‘ADGM’) as a new international financial free trade zone to connect the economies of the Middle East, Africa and South Asia with world markets.

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UK Corporate Update : Takeovers by cancellation scheme – new Draft Regulations published

A draft of the Companies Act 2006 (Amendment of Part 17) Regulations 2015 has been published and laid before Parliament.

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