Search results for

Korea will lose a competitive edge if it continues to deny industry the access it wants to foreign legal services. By Andrew Crooke

The Finnish Investment Funds Act has been amended with effect from April 8 2004 to implement the two recent amendments to the Ucits Directive (2001/107/EC and 2001/108/EC). The amended Act has widened the scope of operations allowed for fund management companies to include certain types of investment services, such as portfolio management and investment advice. The assets of the fund may now be more freely invested in different types of instruments, such as derivatives. Under the new Act, a simplified fund prospectus is required to be prepared for each managed investment fund as of October 1 2004.

Norway's Findexa will be the first company to issue high-yield dividend shares, known in the US as income depositary securities (IDSs), to Europe later this month.

Enron's attempts to unwind some of its derivative transactions could threaten the future of the capital markets, say derivatives specialists.

Banks must simplify deals to keep Hong Kong's retail investors hungry for structured notes. By Richard Mazzochi, Scott Farrell and Abigail Rath

Europe's dithering over the equivalence of national accounting standards to IAS is forcing issuers to raise capital elsewhere, say Stephen Revell and David Cotton

On May 13 2003 the Dutch government presented a legislative proposal regarding financial security rights agreements. The proposal aims to implement EU Directive 2002/47/EC.

On April 8 2004 the Securities and Exchange Board of India (Sebi) approved certain amendments to the Sebi (Disclosure and Investor Protection) Guidelines 2000 (DIP) as part of its endeavor to ensure greater transparency in the market.

VW: well protected, for now The European Commission has told Germany that it must change a law has been used to block takeovers of car-maker Volkswagen or face court action.

Legislators across Asia must harmonize laws governing secured transactions and insolvency, say Ron Harmer and Michael Sloan