Search results for

Eased trading restrictions during M&A

Segregated portfolio companies in Europe

Companies come to learn about disclosure

The European cooperative society has been introduced as a new form of business in the Slovak Republic and widens possibilities for legal entities already doing business in the EU or for future entrepreneurs. The inauguration of SCEs reflects efforts to remove impediments arising from differences between national laws and will further boost entrepreneurial cross-border activities within the EU.

India offers much market potential for global dredging companies, estimated at 1 billion cubic metres in the next five years. Large dredging projects include those being finalized at Nhava Sheva (estimated at $177.77 million), Tuticorin, Paradip ($55.55 million) and Ennore ($31.77 million), as well as the projects under way at Haldia, Mangalore and Kochi.

The stories from the fourth European forum

To prevent companies making false statements in disclosure documents and to maintain the integrity of the securities exchange markets, the Financial Instruments and Exchange Law (the FIEL) has established an internal control reporting system. The Japanese Diet enacted the FIEL on June 7 2006, through an amendment to the Securities and Exchange Law (the SEL). Listed companies will be required to comply with the new system at the start of their respective fiscal years beginning on or after April 1 2008. A Cabinet Order will provide specifics regarding the companies subject to the system.

China's attempt at liberalizing its ailing corporate bond market with a regulatory switch has, so far, failed to boost the sector.

Prospects for the growth of takaful insurance products in the Middle East look bright, according to Standard & Poor's.

The Czech Act on Collective Investment has been amended in the area of real estate funds (REFs), effective as of May 26 2006. REFs had theoretically already been enabled by the previous regulation, in place since May 1 2004, but it was too general and highly impractical. As a result, no REF was established under the previous regime. The recent amendment (based on the German model) stipulates in much more detail the requirements for an REF's establishment, investment policy and assets valuation. So far, one REF has been licensed under the new regime.