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  • Andrew Sheng, chairman, Securities and Futures Commission of Hong Kong
  • The Ministry of Finance is in the process of making an integral revision of supervisory legislation reform in the financial services industry. The entire legislation on financial supervision must be revized as a result of the interaction between various financial sector and the required improvements to financial supervision. The Ministry of Finance has commenced consultation with the financial industry on the first part of the new legislation in connection with this revision.
  • One of Hungary's last remaining privatizations was finalized last month. Austria's Erste Bank agreed to buy a 99.97% stake in Postabank, the country's seventh largest bank, for Ft101.3 billion ($460 million).
  • Sidley Austin Brown & Wood and White & Case advised on the first international securitization from Kazakhstan.
  • The Securities and Exchange Commission has announced plans to create a new set of uniform rules governing short selling, which will apply to all exchange-listed and Nasdaq NMS securities.
  • Regulations on mergers and acquisitions in Colombia By Parra, Rodríguez & Cavelier
  • By Linklaters
  • By Matheson Ormsby Prentice
  • By Hengeler Mueller
  • Radical changes in EU competition law enforcement By Weil, Gotshal & Manges LLP