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  • What EU rules mean for financial conglomerates Jan Meyers and David Ballegeer of Cleary, Gottlieb, Steen & Hamilton examine the impact of the EU's Conglomerates Directive on capital adequacy requirements for bank and insurance groups
  • How EC competition changes affect UK financial services Alastair Gorrie and Tim Miller of Coudert Brothers review recent UK competition law developments, with a particular focus on the financial services sector
  • Basel II: a worldwide challenge for banking Jörg Hashagen, head of KPMG's Basel initiative at KPMG Germany, summarizes the effects of the Basel II Capital Accord on global banking
  • Overcoming roadblocks to reform The Russian government's draft strategy aims to facilitate consolidation while repairing shaken public confidence and enhancing creditors' rights. Mira Davidovski of Salans explains
  • Banks welcome changes to collateral law The scope of UK implementing regulations for the Collateral Directive is wider than expected, much to the delight of banks. Benedict James and Will Nevin of Linklaters report on the main provisions
  • Thailand releases financial sector masterplan Albert T Chandler of Chandler and Thong-ek assesses how Thai regulators plan to guide the finance sector over the next few years
  • By Prue Flacks, Alan A'Court and Guy Lethbridge of Russell McVeagh
  • How the Prospectus Directive will affect issuers Mark Kalderon and Alexandra Hope of Freshfields Bruckhaus Deringer assess the impact of the Prospectus Directive on issuers who want to sell or list securities in the EU
  • The global financial services industry has grown accustomed to rapid change over the past two years. In the US, plunging stocks brought closer attention to conflicts of interest at leading investment banks. From there, attention turned to mutual funds and, more recently, to rating agencies. The Sarbanes-Oxley legislation passed in response to corporate governance failings has affected banking business also.
  • By John L Douglas of Alston & Bird