Magazine - March 2001

In publication since 1982, IFLR has become the trusted source for in-house counsel and law firms specialising in financial law.

Cover Story

  • Allen & Overy steps out of the shadows

    For the first time in five years Linklaters & Alliance has been toppled from its top spot on stand alone bond work. Its successor is the firm who has played the bridesmaid for so long – Allen & Overy. Ben Maiden reports on the surprise results of this year’s IFLR international bond survey

Features

  • Basle Committee tries to come to terms with operational risk

    Banks know that losses due to operational risk will cost them. But how much capital should they assign to cover those costs? Richard Bethell-Jones of Denton Wilde Sapte, London, assesses the Basle Committee’s attempts to develop guidelines

  • COB risks controversy with plans for new IPO rules

    Like Deutsche Börse, France’s COB is looking to help stablize stock prices by tightening its rules governing initial public offerings. Laurence Mitrovic, Skadden, Arps, Slate, Meagher & Flom, Paris, looks at the regulators plans and the unfavourable response to them

  • Online brokers lead the way for French internet finance

    Christophe Caffard in conjunction with Philip Boys, Lovells, Paris, describes the legal and regulatory environment for online brokers in France

  • The American derivatives revolution

    The Commodity Futures Modernization Act will revolutionize the regulation of derivatives trading in the US by loosening the ties on larger market users and allowing the SEC to take part. Philip McBride Johnson of Skadden, Arps, Slate, Meagher & Flom reviews the Act

  • Back to the drawing board for Canadian derivatives regulator

    The Ontario government’s rejection of the Securities Commission proposals for derivatives regulation threatens to destroy five years of work. Margaret Grottenthaler of Stikeman Elliott, Toronto, reflects on the government’s negative response and asks where the market can go from here

  • Paying for 3G in Hong Kong

    Hong Kong’s mobile operators have waited since late last year to find out how they will be asked to pay for the territory’s 3G licences. Michael Reede and Alana Triscott of Paul, Weiss, Rifkind, Wharton & Garrison in Hong Kong reveal how the sale will work

  • Litigation: Kaili sues China’s securities regulator

    China’s securities market has never been clearly market-oriented or under the firm rule of law. However, Kaili’s court case against the China Securities Regulatory Commission resulted in a landmark decision in favour of the plaintiff. Jingzhou Tao, managing partner of Coudert Brothers’ Beijing office, explains the importance of the ruling

  • Synthetic securitization comes to Hong Kong

    Synthetic securitization was recently introduced successfully into Asia in the HK Synthetic MBS issue, which was the first transaction to address the specific issues raised by the Asian capital markets. Patrick Lines and John Elias of Freshfields Bruckhaus Deringer in Hong Kong describe the deal and explore some of the primary structural issues that had to be addressed

  • Paris lawyers reap rewards as French learn to loosen up

    2000 was a bumper year for lawyers in Paris working at the high-end of capital markets and M&A – and not just those at the international firms. Now, as Thomas Williams reports from Paris, it is up to the regulators to make sure restrictive regulations do not stifle the boom

  • Firm directory

News analysis

International briefings