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  • Chairman Steven Maijoor hails temporary product prohibition rules as a key weapon against regulatory arbitrage
  • The lack of derivatives action against Chinese-listed companies points to the existence of an internal directive to China's courts specifying not to take such lawsuits.
  • Taiwan's regulators are scrambling to protect minority shareholder's rights in light of recent merger activity in the country.
  • The Competition Commission of India's (CCI) revised merger control regulations could create uncertainty, slowing M&A activity in the region.
  • Derivative holders must disclose more trade information in Chapter 11 proceedings following the Bankruptcy Code's amendment. The change creates a new consideration for hedge fund investment strategies, but observers predict it won't deter from distressed investing.
  • The Moody's report on faults in Spanish banks' covered bonds disclosure is confused. It represents a wider distrust of the country's financial system amongst rating agencies, according to lawyers.
  • The listing of business trusts on the Hong Kong stock exchange (HKEx) will be possible from July this year.
  • A third of Qualified Foreign Institutional Investors (QFIIs) are struggling to gain full access to China's local market.
  • The covenants of a high yield bond used in Asia's first bond-financed leveraged buyout (LBO) have combined Chinese and European practices to give bondholders deeper protection than previous high yield products in the region.
  • Asia Post-crisis, it seems that no success story is complete without at least some predictions of impending failure. So, reports this month of investor malaise creeping into the Hong Kong market following a wave of poorly performing new listings would seem, at first, to be best taken with a pinch of salt.