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  • Chancellor Gordon Brown, the UK's finance minister, has named Callum McCarthy as the new chairman of the country's finance regulator, the Financial Services Agency (FSA).
  • Banks have reacted positively to the European Commission's proposals on the forthcoming Capital Adequacy Directive (CAD III), and the opportunity for early dialogue.
  • The first acquisition of a Chinese fund management company by a foreign investor could pave the way for greater market access and wider industry reform. May Qian and Leigh Schulz of Linklaters, reveal how the deal was done
  • UK firms advise on London's largest equity deal of the year
  • Exactly one year after the first-ever demutualization and listing of a Japanese life insurance company, Taiyo Mutual Life Insurance has become the first player in the industry to follow suit.
  • Government decree 12/2003 on the non-judicial enforcement of liens, pledges and mortgages (collectively referred to as charges) provides detailed regulations awaited by the banking industry since September 1 2001 when the Civil Code established the basic rules of non-judicial enforcement. The Decree became effective from March 1 2003.
  • A recent decree of the Cabinet of Ministers of Azerbaijan linking registration requirements for foreign companies for the purposes of the Ministry of Taxes and the Ministry of Justice may have useful applications wider than those originally envisaged by its drafters.
  • The Securities and Exchange Commission (SEC) announced on April 15 that it had nominated William McDonough to lead the new body overseeing the accountancy profession in the US.
  • The Securities and Exchange Commission (SEC) delighted shareholder rights advocates and dismayed many companies in April by announcing that it is to review proxy rules with a view to improving corporate democracy.
  • By Fernando Igartua of Gómez-Acebo & Pombo