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  • Saudi Arabia
    The Gulf Cooperation Council (GCC) comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates announced the creation of the GCC Customs Union at the conclusion of the 23rd Annual Summit held in Doha in late December 2002. The Customs Union commenced on January 1 2003.
    April 30 2003
  • buchheit-may03.jpg
    Uruguay deal offers sovereign debt solution
    Ben Maiden reports from New York on how Uruguay's proposed bond exchange is helping to rewrite the rules on sovereign debt restructuring
    April 30 2003
  • Shell makes lateral hire for new general counsel
    Shell Group has raided one of Europe's biggest engineering companies to hire a new legal director.
    April 30 2003
  • ifrl-hk-gate-may03.gif
    Will Hong Kong's stabilization rules help the market?
    New rules to address price volatility in securities offerings have been introduced in Hong Kong. John D Moore of Goldman Sachs explains how the regulations meet international standards and reviews some areas that may need a closer look
    April 30 2003
  • What France must learn from US disclosure
    The US may have been the centre of corporate disclosure scandals, but it is French regulators which need to ensure companies keep investors informed say Eric Cafritz and James Gillespie of Fried Frank Harris Shriver & Jacobson
    April 30 2003
  • NASD charges NYSE board member’s firm over share trades
    The National Association of Securities Directors (NASD) last month filed a civil complaint against a small brokerage firm run by Kenneth Langone, a board member at the New York Stock Exchange.
    April 30 2003
  • sibold-may03.jpg
    Canadian regulators plot merger
    Stephen Sibold, Canadian Securities Administrators The Canadian Securities Administrators (CSA), the umbrella organization representing the country's various local securities regulators, has appointed Stephen Sibold as chair. His appointment follows disagreements within the CSA regarding the future of national securities regulation in Canada.
    April 30 2003
  • FASB rules will hobble structured finance, says market survey
    A survey has revealed the market is frustrated with the Financial Accounting Standards Board (FASB)'s new rules on off-balance sheet financing.
    April 30 2003
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    OECD targets areas for Asian corporate governance reform
    The OECD's forthcoming White Paper on Corporate Governance in Asia is to recommend greater protection of minority shareholders, improved bank governance and a focus on enforcement of laws and regulations.
    April 30 2003
  • Spain moves on corporate governance
    By Luis Felipe Castresana of Simmons & Simmons
    April 24 2003
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