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  • Hong Kong's Legislative Council is considering a number of substantive amendments to Hong Kong's company law, including changes to the scope, application, content, registration, amendment, construction and advertisement of prospectus documents in Hong Kong.
  • A Ninth Circuit decision on loss causation in securities class actions has stirred controversy among banks. Ben Maiden reports from New York
  • Offshore firm Maples and Calder has acquired a firm in the British Virgin Islands (BVI) and opened a new office in Jersey, but has also lost a team of lawyers to offshore rival Mourant du Feu & Jeune.
  • The first senior fixed rate bond from a Hong Kong incorporated bank and a new high-yield bond from China have kept several English law firms busy in Asia.
  • European proposals on solvency requirements for life reinsurers could quadruple existing capital requirements, says Standard & Poor's.
  • Japan: bengoshi are crossing over to international firms Law firms in Japan are racing to convince senior lawyers at rival practices to switch firms as next April's market liberalization approaches.
  • Bank of Ireland has launched the jurisdiction's first mortgage-covered bond, testing both the market's appetite and the legislation permitting such bonds with a three times oversubscribed €2 billion offering.
  • Substantial amendments to China's Company Law are believed to have been proposed and may be on the agenda of the Standing Committee of the National People's Congress this year.
  • 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
  • What the James Hardie inquiry means for Australian corporates A special commission of inquiry into the asbestos-related compensation issues faced by the James Hardie Group highlights a need for corporate law reform. Dean Jordan and John Elliott of Clayton Utz explain