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  • The Companies Amendment Bill now pending before parliament will reform the provisions relating to accounting/auditing standards. The highlights are:
  • US debt and equity specialist Peter Curley has left the Allen & Overy partnership to direct listings policy at Hong Kong Exchanges and Clearing Limited.
  • Effie Vasilopoulos joined the Hong Kong office of Sidley Austin Brown & Wood at the start of August to launch a new international funds practice for the firm in Asia.
  • The New York Stock Exchange (NYSE) voted in August to remove some of the restrictions on companies wanting to delist, offering the prospect of greater movement between exchanges.
  • Whether Hong Kong can compete for a share of Asia's rapidly growing market for real estate investment trusts will depend on how the new Reit regulations are applied, say Dean Lockhart and Graham Turl of Linklaters
  • Instead of creating a clear roadmap for M&A in China, new rules have made doing deals more complicated and confusing for foreign investors. Doubts now over how the regulations will be enforced is creating even more uncertainty, reports Andrew Crooke
  • Asian projects can increasingly expect to get consistent terms from guarantors of political risk coverage. Bruce Cooper of Freshfields Bruckhaus Deringer, Singapore, explains how following the success of Phu My 3 in Vietnam
  • Nicholas Frome and Claude Brown of Clifford Chance LLP explain the tension between the credit derivative market and bank-led insolvency workouts
  • The Islamic bond market took a step forward in August with a Sharia-compliant securities issue backed bymultiple assets, rather than a single leasing agreement as done previously.
  • India's capital markets got a boost in late July with the country's first convertible bond since 2001, and the first such deal without credit enhancement since 1997.