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  • On March 9 2011 Korea's Financial Supervisory Service (FSS) announced its Best Practice Guidelines for Internal Use and Management of Information Technology. The Guidelines are effective from April 1 2011, although where a financial institution needs time for implementation of new systems, the FSS will allow the institution until October 1 2011 to come into compliance.
  • Pablo Berckholtz
  • Group holding structures and family business do result in related party transactions (RPT). A lot has been written as to how RPT can and do short change minority shareholders and even creditors. The Securities and Exchange Board of India (Sebi) has consistently been in favour of establishing a voting system where a majority of disinterested shareholders vote for RPT at shareholders meetings.
  • Wolfgang Freund
  • For investors seeking recompense for losses, recovery may be permitted in certain circumstances from a hedge fund’s administrator
  • Following EU and US changes, a Bangkok judge clarifies the regulation of derivatives in the country and how to ensure futures are enforceable
  • The Basel committee’s new consultative paper will make implementing central clearing more complex and expensive
  • The Chinese national security review system adds another layer of approvals to existing controls on foreign investment
  • Dealing with China’s enforcement of its anti-monopoly law requires careful planning and risk assessment