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  • Carlos Silva, Morales Besa & Abogados, Santiago A new law on corporate governance entered into effect on January 1 2010 that modifies the securities and stock corporation laws in Chile.
  • New legislative provisions will come into effect shortly in the British Virgin Islands (BVI) relating to financial services, insurance business and financing and money services. They will provide an enhanced platform in these areas of the financial services industry, again demonstrating the commitment of the BVI to ensuring its legislation provides transparent regulation that is appropriate for the BVI as an OECD white-listed jurisdiction.
  • On December 15 2009, the Brazilian government enacted Provisional Measure 472. Among other things, it created two new financial instruments for the long term funding of financial institutions, the Financial Bill (Letra Financeira) and the Structured Transactions Certificate (Certificado de Operações Estruturadas).
  • The head of the SFC stands by his position on family-owned companies and Rusal’s listing. But there’s shouting in the lobby
  • Derivatives don’t need to be standardised – banks have been doing it naturally for years
  • The details of Nortel’s auctions, including an unusual two-step procedure
  • By Niclas Rockborn and Charlotta Falkman Gernandt & Danielsson
  • By Eve Kosofsky and James Fox Carey Olsen
  • By Louis J Bevilacqua and Jiannan Zhang Cadwalader Wickersham & Taft LLP
  • By Gilberto Ayres Moreira and Aude Lovigny Rolim Godoi Viotti & Leite Campos