Magazine - July 1997

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

Cover Story


  • Companies run risk in differential disclosure

    The recent fuss over different levels of disclosure in the US and UK by British Telecom is an example of the problems companies with multiple listings are open to. By Anthony J Herbert of Allen & Overy, London

  • Japan deregulates foreign exchange

    The first measure in the long-awaited liberalization of Japanese financial markets has been passed. Naoaki Eguchi, Yasushi Murofushi and Jeremy Pitts, of Tokyo Aoyama Law Office – Baker & McKenzie, Tokyo look at the new foreign exchange regime

  • Wallis Report offers blueprint for competition

    The commission considering financial regulation in Australia has recommended a new format for regulation, aimed at boosting financial services competition. By Don Harding of Freehill Hollingdale & Page, Sydney

  • Hong Kong looks to cast off UK company law past

    A report on company law commissioned by the Hong Kong government calls for radical streamlining and a move away from British legislative models. By Cally Jordan of Stikeman, Elliott, Hong Kong

  • German markets aim for greater competitiveness

    The German government’s discussion paper on the Third Act for the Promotion of Financial Markets will enhance German stock markets, investment funds and venture capital. By Thomas Paul of Oppenhoff & Rädler, Frankfurt am Main

  • SIB unable to pierce the corporate veil

    In spite of the decision in the Scandex case, the liability of directors of foreign-based financial services companies selling into the UK in contravention of FSA rules remains unclear. By David Greene of Edwin Coe, London

  • Brazil improves arbitration law

    Brazil’s unsatisfactory arbitration law has been updated to make this form of dispute resolution more attractive. By Walter Douglas Stuber and Noemia Mayumi Fukugauti of Amaro, Stuber e Advogados Associados, São Paulo

  • Conducting the legal team

    Mireille Quirina, chief counsel Europe for Du Pont, talks to Diana Bentley

  • End of the line for cosy Danish closed shop

    Half of Denmark’s traditionally small, family-based firms are set to disappear, according to a recent report. Clare Hepburn looks at how lawyers there are meeting the challenges of liberalization

  • Norwegian firms await inevitable invasion

    Law firms in the oil-rich country that rejected EU membership are poised to abandon their traditionally sedate culture and adopt a more aggressive approach. Samantha Wigham reports

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