Foreign Direct Investment in Venezuela

Economic and political instability, nationalization, increasing government intervention, and restrictive legal framework has made Venezuela’s investment climate considerably less welcoming as compared to the past. This article examines the current challenges for foreign investment in Venezuela. It also provides an update on Mobil Corporation and others v. Bolivarian Republic of Venezuela, in which an International…

New Privacy Laws in India and China: A Barrier to Outsourcing

Indian Outsourcing operationsNew rules that significantly alter the privacy landscape in India and have profound implications for multinational companies outsourcing business to India or operating in India became effective April 13, 2011, when India introduced the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules. Meanwhile as India inks and…

Dodd-Frank and Basel III: Implementation in the U.S.

The Dodd-Frank Wall Street Reform and Consumer Protection Act requires federal banking agencies to set minimum leverage capital and risk-based capital requirements for financial institutions. Similarly, under the newly implemented Basel III regulatory standards, banks will be required to hold more liquid capital. Both regulatory reforms impose additional and more stringent standards pertaining to capital…

Setting up Your Business in Colombia

Colombia is the fourth largest country in South America. With substantial oil reserves and natural resources, Colombia provides an array of business opportunities for the knowledgeable foreign investor. Colombia’s efforts to improve current economic policy and democratic security have further increased investor confidence in Colombia’s economy and growing business sector. Colombian laws provide foreign investors…

Qatar: Safe Haven for Investors During Mideast Turmoil

Qatar is currently receiving unprecedented levels of interest from foreign investors as a result of diminished business opportunities and lower investment returns in the U.S. and Europe. Despite turmoil in other parts of the Middle East, Qatar’s economy continues to thrive. Multinationals are looking to capitalize on the region’s expanding economy, relative economic and political…