Magazine - March 1998

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 leaps ahead in drawdowns

    Three UK firms, Linklaters & Paines, Allen & Overy and Clifford Chance continue their dominance in MTNs. But Allen & Overy has leapt ahead of its competitors in the drawdown market. By Richard Forster and Barbara Galli

Features

  • Comment

    Changes to financial regulation in the UK bring into focus the challange of boundaries in the legal framework. By Andrew Marsh of Sidley & Austin, London

  • How to establish joint venture banks in China

    So far, branches have been the most popular way for banks and finance companies to enter the Chinese market. But joint ventures offer an attractive alternative. By Philip Gilligan and Steven Blayney of White & Case, Hong Kong

  • International banks encouraged to expand in US

    The Fed has proposed changes to Regulation K which liberalize the rules governing expansion in the US for international banks. By Connie Friesen and David Nissenbaum of Richards & O’Neil LLP, New York

  • Cayman Islands introduces special purpose trusts

    The new Star trusts offer useful new opportunities for structuring financial transactions through the Cayman Islands. They will be particularly useful in complex loans or securitization deals. By Chris Narborough of Truman Bodden & Co, Cayman Islands

  • Brokers must adapt to new technologies

    US securities authorities are issuing guidance for broker-dealers on the use of new technology in their business. This article summarizes that guidance in five key areas. By Morris Simkin of Winston & Strawn, New York

  • Dutch proposal to restrict anti-takeover devices

    The Netherlands has produced plans for a special court to rule on disputes over corporate control. This marks the first step to dismantling anti-takeover devices. By Christian Huiskes of Derks.Star Busmann.Hanotiau, Utrecht

  • How to offer international equities in Canada under NP53

    After an initial slow take-up, National Policy 53, easing international equity offerings into Canada, has become standard for large issues. New standards have been set by five issues in 1997. By Robert T Stuart of Osler, Hoskin & Harcourt, London

  • Foreign firms win access to US futures customers

    Recent delegation of powers from the CFTC to the NFA should lead to faster approval of non-US entities to engage in futures trades with US customers. By Michael S Sackheim of Brown & Wood LLP, New York

  • Poland enters sophisticated phase of development

    A common belief is that privatization is nearing an end in Poland as the market matures. Stephen Mulrenan discovers that opportunities still exist in this sector, as well as now in many others

  • Russian firms prepare for boom time

    Despite some growing pains, Russia is still the world’s favourite emerging market. Moscow is the place to be thanks to a wealth of large potential clients and a market still short of lawyers. Nick Ferguson reports

News analysis

International briefings