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  • The European Securities and Markets Authority (Esma), has called for evidence asking for examples of empty voting at listed companies. But lawyers have warned against changing the company law to guard against it.
  • Have they destroyed the mezzanine template? Mezzanine financing is returning to the European market, following Securitas Direct's €394 million ($568 million) mezzanine loan, and the further need to refinance large bridge loans.
  • Will regulators make the call? The Dutch markets regulator has clarified the announcement that it will monitor more closely how banks and insurers report their investments in government debt.
  • The Australian Prudential Regulation Authority (Apra) this month proposed the Basel III timeline be accelerated by two years for authorised deposit-taking institutions (ADIs).
  • In the US, the 2008 financial crisis birthed the Dodd-Frank Act including a Title VII that professes to drag the vast over-the-counter derivatives markets into the clutch of federal regulation.
  • Belgium's long-overdue covered bond legislation is due by the end of November, according to a lawyer who helped with its drafting.
  • The Asian private equity industry is growing but still has concerns about renminbi funds, tax structures and exit strategies
  • The first public offering of Brazil's latest financing tool indicates the country's banks will soon have a new standardised form of long-term finance.
  • In July 2011, the Vietnamese government promulgated Decree 59/2011/ND-CP on the conversion of state owned enterprises (SOEs) into joint-stock companies. Decree 59 seeks to eliminate many of the legal obstacles formerly associated with the equitisation process in Vietnam.
  • Anton Sitnikov Many lawyers have recently noted two trends in Russia that should be mutually complementary but that, in reality, unfortunately have opposite results in most cases: the developments in the civil, primarily corporate, legislation that pursue a multitude of objectives, one being to equip our legal framework with a toolkit enabling business to complete transactions with local assets within the Russian jurisdiction.