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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
  • 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
  • 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
  • Why investors should be careful who they trust Gone are the days when investments could be made and forgotten about. Paul Lee, manager of shareholder engagement at Hermes Investment Management, laments that, even the safest investments now need careful monitoring
  • Courts and agencies refine US antitrust law US courts and antitrust enforcement agencies have had a busy year. Kenneth R Logan and Ethan E Litwin of Simpson Thacher & Bartlett discuss how their actions have changed the face of US antitrust law
  • Spain reunites fractured competition authority Marcos Araujo of Garrigues outlines changes recently announced by the Spanish government regarding institutional issues, infringement proceedings, and merger control
  • Advocates of corporate governance reform have found their case strengthened by still more corporate scandals over the past year. While disputes have raged over the alleged wrongdoings of dominant shareholder Conrad Black at Hollinger, UK regulators have fined Shell £17 million ($30.5 million) for misstatements relating to its oil reserves. Such events have contributed to the reformist drive that has gripped countries as diverse as Canada, India and Australia.
  • German competition's busy spell continues Rainer Bechtold and Petra Linsmeier of Gleiss Lutz summarize the biggest cartel cases of the past year and discuss changes to German competition law prompted by new EU regulations
  • The Bond Market Association (TBMA) has published guidelines for trading in speculative distressed bonds, usually securities issued by companies in or near default.