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Switzerland's new international arbitration rules are an expression of modern practice and will be recognized worldwide, say Harold Frey and Jan-Michael Ahrens of Lenz & Staehelin

By Charles Roemers and Christine Casanova of Kremer Associes & Clifford Chance Luxembourg

Hungary has faced a tough period, but the outlook is bright

A recent judgment in the WorldCom class action has thrown into question the liabilities underwriters face for their due diligence work. Scott Budlong explains

A recent court decision means financial institutions outside the EU no longer need a German banking licence to provide cross-border services to clients in the country. Jens Rinze analyzes the ruling

The central government has allowed 100% foreign direct investment (FDI) under the automatic route through Press Note 2 effective from March 3 2005, issued by the Ministry of Commerce & Industry Department of Industrial Policy and Promotion SIA (FC Division) in townships, housing, built-up infrastructure and construction development projects including housing, commercial premises, hotels, resorts, hospitals, educational institutions, recreational facilities, city and regional level infrastructure under the following conditions:

Equity capital markets

With its debut Eurobond listing, Switzerland's stock exchange demonstrated that it is a contender for a share of the $5 trillion market. Michael Evans explains

An SEC enforcement action has reminded issuers that repeating themselves could be costly. Ben Maiden reports

Ben Maiden talks to Ed Greene of Citigroup about the challenges of gatekeeping at the world's largest bank