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  • A new EU regulation has been introduced with the stated objectives of improving the efficiency and effectiveness of insolvency proceedings with a cross-border element and avoiding the incentive for parties to transfer assets or proceedings within the EU in an attempt to forum-shop. The new regulation, Council Regulation (EC) No 1346/2000 on Insolvency Proceedings Within the EU (except Denmark), came into force on May 31 2002.
  • It is the largest economy in Europe, yet Germany has managed only a handful of public projects backed by private money.
  • Singapore's financial market regulator is to increase disclosure levels for retail hedge funds, calling for clearer prospectuses explaining their risks and objectives. The Monetary Authority of Singapore is consulting on the regulations, which will make companies offering hedge funds to retail investors disclose in clear language the differences between hedge funds and traditional funds, the risks and the objectives of the investment.
  • Foreign investors have a once-in-a-lifetime chance to invest in Thailand. Craig Alan Wilson of White & Case explains how to take it
  • Companies going public in Germany need to watch what they say in their offering documents. By Herbert Harrer and Ulli Janssen of Linklaters Oppenhoff & Rädler
  • A row has blown up over provisions in the Enterprise Bill that some say could damage asset-backed deals. Tom Williams investigates
  • After the completion of the negotiations for the North American Free Trade Agreement (Nafta), the Mexican authorities started to negotiate international treaties around the world to avoid double taxation, as well as treaties for the exchange of tax information. Under the constitutional principles, these treaties when ratified and approved by the Mexican senate will become the highest laws of the land, together with the Mexican Constitution.
  • The State Development Planning Commission issued the Provisional Regulations on Administration of Foreign Investment in the Rare Earth Industry on August 1 2002. According to this regulation, foreign-invested rare earth projects are divided into three main categories, that is, rare earth mining, rare earth smelting and separation, and rare earth deep processing and application.
  • Henry Morgenbesser, Marina Casani and Felicity Gemson of Allen & Overy report on the American companies rethinking their policy on options for staff
  • Ira Schacter and Alexandra Scheibe of Cadwalader, Wickersham & Taft explain how the Act could damage the relationship between lawyers and their clients