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  • Emissions trading scheme
    As the Kyoto Protocol established serious commitments to curtail greenhouse gas emissions, transposition of the EU Emissions Trading Directive took place in Portugal, implementing an emission allowances trading scheme and providing the necessary framework within EU guidelines.
    June 30 2005
  • 100% FDI in non-news publications
    The government of India has raised the existing investment limit of foreign direct investment (FDI) from 74% to 100% in Indian publications publishing non-news material in scientific, technical and specialty magazines or periodicals and journals. No substantive definition of technical and specialty magazines has been provided, so the government is likely to grant clearances on a case-by-case basis.
    June 30 2005
  • Trust Business Law revised
    The revised Trust Business Law, which came into effect on December 30 2004, expands the types of business eligible to engage in trust business and the types of assets eligible to be held in trust. However, it also imposes more regulations on trustees and trust businesses.
    June 30 2005
  • Court warns that banks can be fiduciaries
    Ben Maiden reports on a ruling that exposes underwriters to new litigation risks
    June 30 2005
  • Editorial
    As IFLR went to press, the UK's Financial Services Authority (FSA) announced a £13.9 million ($25.3 million) settlement with investment bank Citigroup over its trading activity on the Eurozone government bond trading platform last August.
    June 30 2005
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    China Shenhua Energy lists in 2005's biggest IPO
    Louisa Gault assesses 2005's most complex international equity offering so far
    June 30 2005
  • China introduces statutory derivative action
    Zhu Hong Chao and James Chen of Shanghai United Law Firm compare the various Chinese courts' interpretations of company law regarding derivative action
    June 30 2005
  • Transfer-pricing challenges in China
    Managing the expectations of tax authorities both in and outside China is the challenge for international companies. By Steven Tseng and John Lee of KPMG
    June 30 2005
  • chi1-china05.gif
    PRC investors set sights on global companies
    Chinese investors are going global. John E Lange of Paul Weiss Rifkind Wharton & Garrison explains how and why Chinese companies are investing overseas
    June 30 2005
  • lem-china05.jpg
    Keeping pace with China's rule makers
    Hubert Lem, executive director in the law division of Morgan Stanley in Hong Kong talks to IFLR's Siew-Fong Leung about the challenges facing foreign investors in China
    June 30 2005
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