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  • Real estate development and construction are considered the flagships of the Turkish economy. They support nearly 200 other sectors. Yet Turkish real estate finance has traditionally been carried out through simple lending operations of financial markets and banks. This was mainly because of the lack of large institutional players in real estate development. Institutional players were reluctant to enter the market in the presence of economic and political risks, and the lack of an organised legal infrastructure.
  • The Monetary Authority of Singapore (MAS) released Basel II rules in Singapore on December 14 2007.
  • UK Islamic finance will not succeed until Muslims are convinced by the new products
  • There is public and political pressure to keep out or at least regulate sovereign wealth funds. It must be resisted
  • Was HSBC's bidding process ''farcical''?
  • All you need to know on the UK's new rules
  • US lawyers aren't worried about the indictment of Mayer Brown partner Joseph Collins over Refco. Most in the market assume that this was an isolated case of active fraud.
  • But it's unlikely they will ever reach trial
  • As UK law becomes more liberal, Germany and France may grow restless. Graham Defries, Olivia Gueguen and Kristina Karbach of Dechert explain