Magazine - July 1996

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

Cover Story

  • Hong Kong overhauls securities and futures rules

    The package of regulatory reforms set to come before the Legislative Council this autumn will innovate as well consolidate. John Holmes and James Walker of Clifford Chance, Hong Kong, look at its new provisions

Features

  • The status of non-US tranches in US-registered offerings

    The trend towards structuring initial offshore purchases in US-registered public offerings as Regulation S transactions raises a number of legal questions. By David E Neuville of Baker & McKenzie, Hong Kong

  • France introduces law to implement ISD

    The EU Investment Services Directive (ISD) is finally to be enacted into French law. Jean-Guillaume d'Hérouville and Pierre Gissinger of Gide Loyrette Nouel, Paris, discuss the changes to the regulatory regime

  • Gustafson draws US private placement closer to UK

    Differences between US and English law have always been more apparent than real. The Gustafson decision brings the two even closer in respect of issuer liability. By Simon Gleeson of Richards Butler, London

  • EU threatens anonymous banking in Austria

    The EU Commission is pressing Austria to abolish anonymous banking. With the Austrian government stalling, the matter is likely to go to the European Court. By Friedrich Schwank of Law Offices Dr F Schwank, Vienna

  • Russian law heads for EU compatability

    G L Bustin and A V Krylov of Cleary, Gottlieb, Steen & Hamilton, Brussels, look at the implications of the partnership and cooperation agreement between the EU and Russia and its impact on bilateral financial law

  • How to pick the right standard master agreement

    Concluding his consideration of repos, Claude Brown of Linklaters & Paines, London, discusses the various master agreements for repos, buy/sell backs and stock loans

  • Running the regulator

    Ros Wright, general counsel and director of policy, the Securities and Futures Authority, talks to Richard Forster

  • Australian and New Zealand lawyers face up to accountants

    Law firms in Australia and New Zealand are meeting the onslaught of competition from professional services firms by trimming and streamlining services. The trend is towards a high-tech, highly specialized and user friendly law firm. Morgan Acker reports

News analysis

International briefings