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  • Software services company Infosys Technologies has completed India's largest international equity offering. Latham & Watkins acted as US counsel to the joint bookrunners and co-managers in connection with the $1 billion sponsored secondary offering of American depositary shares (ADSs). The ADSs are listed on the Nasdaq. Latham's team comprised Singapore partner Michael Sturrock, counsel Andrew Hutton and associate Monisha Kamdar. Wilson Sonsini Goodrich & Rosati advised Infosys.
  • Spain has met the implementation deadline only partially and issuers will face some uncertainty until secondary legislation is implemented. By Yolanda Azanza and José Manuel Cuenca
  • As home to Europe's largest capital markets, market participants are looking closely at how the UK is implementing the Directive. Matthew Hartley, Ryan Barrow and Eleanor Ley explain the changes for issuers
  • The Netherlands had to implement emergency legislation to avoid missing the July 1 implementation date. Erwin Schreuder and Ella van Kranenburg explain what this means for issuers
  • Lawmakers in Luxembourg have chosen to transpose the Prospectus Directive faithfully into local law, explain Henri Wagner and Nicolas Steichen
  • Italy has not yet finalized its plans for implementing the Directive. Susanna Beltramo outlines the Italian government's timetable
  • Finnish companies have been using Prospectus Directive-compliant prospectuses for months, but prospectus liability problems still need tackling. By Tarja Wist and Samuel Isaksson
  • Danish issuers will have to wait for secondary legislation for full legal certainty regarding the Prospectus Directive. By Steen Jensen
  • The Czech Republic will not require a summary of a deal to be translated into Czech. By Miroslav Dubovsky
  • Belgium missed the July 1 implementation and securities issuers will have to deal with ad hoc regulation in the interim. By Bert Verdoodt