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  • Konstantinos Gr. Vouterakos Elmina Chadio In 2011, some significant changes to the Athens Exchange (ATHEX) Rulebook have been introduced. These changes will be discussed here together with some recent developments in the Greek Capital Markets.
  • Lawyers in Beijing expect a wave of foreign investment into China’s asset management industry. But international private equity firms need not apply
  • In a first of its kind in India, the High Court of Calcutta on March 20 2012 passed an interim injunction restraining Fitch Ratings from publishing a rating downgrade. The downgraded bonds were issued by Srei Infrastructure Finance Limited in 2010 and amounted to a total of Rs2.5 billion ($48.5 million). In respect of these bonds, Srei approached the High Court for an injunction, seeking to prevent publication of the downgrade.
  • Christian Temmel The Austrian legislator has recently presented a proposal for the amendment of the Austrian Stock Exchange Act, in particular in order to reflect the changes required due to the implementation of Directive 2010/73/EU. However, some changes of the proposed changes are driven exclusively by national requirements and intentions.
  • Francisco Uribe Julián Hurtado In furtherance of the Colombian government's plan to construct one million housing units for low-income families with an investment of approximately COP$6.8 billion (US$3.5 billion), the Government issued Decree 391 of February 16 2012 to regulate the possibility to apply family housing subsidies (FHS) to leasing agreements for housing purchases.
  • The US Financial Stability Oversight Council (FSOC) recently issued a final rule and guidance regarding non-bank entities that may be designated as systemically important subject to Federal Reserve supervision.
  • On April 3 the Securities and Exchange Board of India (Sebi) approved new rules for alternative investment funds (AIFs), which regulate India's venture capital, private equity and hedge fund industry.
  • Investment advisers have criticised a US House Financial Services Committee proposal to implement a self-regulatory organisation in the retail market
  • The recent corporate restructuring cycle in Russia and central Europe has provided many opportunities for learning lessons that will inform future transactions.
  • The regulatory approval process is no rush