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  • Mayer, Brown & Platt is set poach three partners from its German rivals, after taking its new banking and finance head from Clifford Chance Pünder.
  • The statute of August 10 2001 on modifications of the Belgian of workmen's compensation insurance system was published in the Belgian Official Gazette of September 7 2001 and entered into force on September 17.
  • On August 16 2001 the Finnish Financial Supervision Authority (FSA), the authority supervising the Finnish securities market, issued an official statement regarding the use of agents in offering banking and investment services. The FSA has reviewed its views on the outsourcing of certain operations of investment firms and credit institutions. This statement replaces a previous statement issued in February 1999.
  • Davis Polk & Wardwell has teamed up with Shearn Delamore in Malaysia to structure the country's first convertible issue since the financial crisis in 1997.
  • Weil, Gotshal & Manges has closed the first Irish mortgage securitization deal of the year. The euro650 million ($320 million) issue of AAA and A2-rated notes by Phoenix Funding and backed by the Irish residential mortgages held by IIB Homeloans, is the first time that the IIB Bank subsidiary has tapped the securitization market in six years.
  • Linklaters has acted on the largest road financing in Portugal, advising the lead arrangers on a 30-year design, build and operate concession.
  • Law firms from Japan, the US and Brazil have put together a unique securitization of money sent home by Brazilians working in Japan. The $300 million deal is the first financial future flow transaction in Brazil based on electronic remittances.
  • Franco Vigliano, Allen & Overy Just 10 months after hiring two key project finance partners, Allen & Overy's new Italian projects team has two landmark public private partnership (PPP) deals under its belt.
  • Russia plans single monopoly regulator
  • "If the deals and money raised are halving, then fees must be falling at an almost as dramatic rate. And that's got to hurt"