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  • The Superintendency of Securities, the entity in charge of regulating the Colombian securities market, has issued Resolution 0275, dated May 23 2001, which constitutes an important breakthrough for the implementation of corporate governance standards in the Colombian corporate sector.
  • Jasper Evans, Martin Krause and Peter Waltz of Linklaters Oppenhoff & Rädler, Frankfurt, answer some of the key questions companies face when planning an issue of exchangeable or convertible bonds in Germany
  • As part of the government's ambitious economic reform programme, Russia has recently liberalized several key provisions of the Law on Currency Regulation and Currency Control, which has long been criticized as overly restrictive. The main changes came into effect in early July 2001, and further reforms are expected in the near future.
  • On July 23 2001 Consob issued a communication to remind collective asset managers of the rules with which the process of making investment decisions must comply, inter alia with reference to some operating procedures required by the prudential rules for limiting and diversifying risk.
  • Corporate governance rules play an important role for (institutional) investors and the good functioning of the stock markets. The main set of existing Belgian rules on corporate governance in the modern sense is to be found in voluntary codes of conduct, but today this is considered to be insufficient.
  • The issuance of a guidance note by the Securities and Futures Commission (SFC) in May 2001 clarifying regulatory requirements concerning online marketing and offering of Collective Investment Schemes (CIS) will help to regulate activities that are targeted at Hong Kong investors or are detrimental to the interests of the investing public or market integrity of Hong Kong.
  • Cadwalader, Wickersham & Taft 100 Maiden Lane
  • More than a year has passed since the inception of Singapore’s seven legal joint ventures – the city state’s first step towards being part of the global legal profession. With one JV down and the others facing the challenges of integration, Nick Ferguson reports from Singapore on the progress made and lessons learned
  • Willkie Farr & Gallagher is strengthening its corporate and tax practices in Milan, hiring two Italian partners and two mergers and acquisitions (M&A) lawyers scarcely 20 months after they spurned PricewaterhouseCoopers' Landwell network for the flexibility of a local firm.
  • This year’s IFLR international equity survey will make grim reading for firms. The results show what many have feared – that as equity capital markets have collapsed so has the number of mandates for legal advisers. In a crunch market, Linklaters & Alliance and Sullivan & Cromwell have maintained their dominance while others have been stranded by narrow practices and slipped through the rankings. Ben Maiden reports