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  • Shearman expands Paris bankruptcy practice
  • Despite the destruction of its office in downtown Manhattan, the Securities and Exchange Commission (SEC) has said that enforcement actions will not be abandoned.
  • Germany is to radically reform the regulation of its capital markets in a bid to restore investor confidence and make the country more competitive as a financial centre. Hans Eichel, the country's finance minister announced a series of measures last month to become law next year.
  • Simmons & Simmons has become the first UK firm to offer full-service advice on Japanese law. Simmons has teamed up with TMI Associates, a respected firm that was created in 1990 as a breakaway from Nishimura's intellectual property practice, and has since expanded to cover general corporate work.
  • Linklaters is to merge with Belgian Alliance firm De Bandt van Hecke Lagae & Loesch, furthering the UK firm's efforts to integrate its European network, having secured tie-ups in Sweden and Germany earlier this year.
  • The City of London's financial institutions have been asked by the UK financial services regulator, the FSA, to see if they have worked on transactions for people linked to last month's attacks on New York and Washington, DC.
  • The UK regulator, the Financial Services Authority (FSA), last month suspended rules that it believes are forcing the country's life insurance companies to sell equities in a falling market.
  • Shortly after the terrorist attacks on the US, the chairman of the New York Stock Exchange, Richard Grasso, and the top US financial regulator, Harvey Pitt, came together to reassure the world's markets. The united display was intended as a signal that Washington would work with Wall Street to get the financial industry back on its feet as soon as possible.
  • As its work restructuring the Indonesian banking industry hangs in the balance, the last thing Ibra needed was to be abandoned by its legal advisers. Nick Ferguson reports
  • Despite China having acceded to the New York Convention almost 15 years ago, upholding an award under the Convention is still full of uncertainty. Mark Lin, a consultant to Lovells, Hong Kong, explains how best to secure enforcement