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  • 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
  • On March 23 2001, the Swiss parliament passed a bill revising the legislation on consumer credits. The deadline for a referendum having run out on July 12 2001, the bill has overcome the most important obstacle to its becoming law. According to government plans, the new legislation will come into force on January 1 2003.
  • 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.
  • 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
  • US firm Gibson, Dunn & Crutcher is the latest firm to move into Germany, after it confirmed last month that it was the mystery firm hiring the four partners that resigned from BBLP Beiten, Burkhardt Mittl & Wegener in July. At the same time, accountancy firm KPMG has denied reports that its local legal arm is to merge with the beleaguered German firm.
  • There have been no high profile transatlantic law firm mergers since Clifford Chance teamed up with Rogers & Wells over 18 months ago. Most non-US firms in New York are playing their strategic cards close to their chests. Despite the threat of recession, US editor Tom Nicholson finds the UK firms in a cautiously expansionary mood - but keeping their options open
  • A group of regional Russian banks has warned the government that introducing a three-tier system of bank licensing may cause smaller institutions to lose their right to operate.
  • On June 29 2001, the People's Bank of China (PBOC) promulgated China's first set of electronic banking regulations, entitled "Tentative measures governing electronic banking business".