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  • Companies with operations in China should prepare for dawn raids, as the State Administration for Industry and Commerce (SAIC) publishes its first procedural rules on the investigation of suspected cartels and abuses of dominance.
  • The signing and closing of deals by electronic means is no longer straightforward. Even with best practice established by a working group, there will be complications
  • Andrew Baker, chief executive officer of Aima, responds to criticism of the body's reaction to the draft Alternative Investment Fund Managers Directive
  • Everyone agrees that stabilisation clauses should not restrict human rights. But no one has tried to use them in such a way, so why the commotion?
  • We're talking about at-the-market offerings, or ATMs. Recently, ATMs have become quite popular. ATMs are also known as equity distribution programmes. However, they have nothing to do with the much maligned equity line financings. So, why the increased popularity?
  • On April 10 2009, the Turkish Capital Markets Board (CMB) published a draft communiqué on the rules for mandatory and voluntary tender offers, an area currently regulated by the Communiqué on Principles Regarding Proxy Voting at Shareholders' Meetings of Publicly Held Joint Stock Corporations, Proxy Solicitation and Tender Offers, Serial: IV, No: 8. (A revised version of the Draft Communiqué was published on June 3 following initial comments.)
  • The Charter of the Philippine Deposit Insurance Corporation (PDIC) was recently amended to increase the insurance coverage from P250,000 ($5,200) to P500,000 for each bona fide depositor. This is partly in response to the need to strengthen the country's banking system in the midst of the global economic slowdown.
  • On May 19 2009, the Tokyo Stock Exchange (TSE) announced that it will revise its listing system, including its rules. These revisions are scheduled to be implemented in August 2009 with some exceptions.
  • BVI companies are regularly used as asset holding companies. Security packages cover almost all asset classes with real property, ships, aircraft, securities and shares probably being the most common.
  • Lenders have the power now - but how long will it last?