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  • US sets global trends behind governance shake-up Corporate governance reform in the US has launched a new era of legislative activity worldwide. Simon Wong of McKinsey & Company picks out the recurrent themes from country to country
  • Recent developments in German corporate governance German companies have been inundated with corporate reforms in 2004. Ralph Wollburg of Freshfields Bruckhaus Deringer summarizes the changes
  • Finland revamps competition and governance regimes Finland is overhauling its Competition Act and has released new corporate governance recommendations. Jan Waselius of Waselius & Wist outlines the changes
  • Compliance, risk management and internal controls Robert Bostrom of Winston & Strawn discusses the evolving roles and responsibilities of boards of directors and audit committees
  • Best practice on the agenda in Turkey Family-owned businesses make up 99% of the Turkish private sector. But even small companies need to consider corporate governance practices, says Ümit Hergüner of Hergüner Bilgen Özeke
  • Portuguese companies adopt best-practice recommendations Maria Adelaide Moura of AM Moura & Associados discusses the progress and growing importance of corporate governance in Portugal
  • The progress of the regulatory approach Rather than merely suggesting that companies comply with corporate governance principles, Switzerland is now ordering them to do so. Michel Haymann of Haymann & Baldi explains
  • Korea aims for world-class corporate governance Kyung Taek Jung and Hwa Soo Chung of Kim & Chang Law Offices outline recent trends in Korean corporate governance focusing on the duties and liabilities of directors under Korean law
  • Offshore vehicles face unrelenting scrutiny Martin Livingston of Maples and Calder warns that the US approach to corporate governance might not be right for everyone
  • Voluntary code could make directors liable The Austrian Code of Corporate Governance has been widely accepted in Austria, perhaps increasing the standard of care required of a corporation’s management, say Albert Birkner and Clemens Hasenauer of Cerha Hempel Spiegelfeld Hlawati