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  • Many senior Canadian issuers access the Canadian capital markets through the shelf prospectus system, which allows an issuer which meets certain criteria to issue securities over a two-year period. A shelf prospectus is filed qualifying the total amount of securities which the issuer expects to issue over a two-year period and the issuer then issues securities in tranches depending on market conditions and its needs.
  • The Vietnam and Singapore offices of Freshfields Bruckhaus Deringer are advising French waste and water management group Suez Lyonnaise des Eaux on the construction of a water treatment plant in Ho Chi Minh City. The deal is nearing completion following four years of work.
  • The Cayman Islands Monetary Authority (CIMA) recently issued new guidelines on the implementation of the Islands' money laundering legislation. The legislation is contained principally in the Misuse of Drugs Law (2000 Revision) and the Proceeds of Criminal Conduct Law (2001 Revision) (the PCCL). These statutes create a number of offences in relation to activities involved in laundering the proceeds of crime.
  • Baker & McKenzie seizes France Télécom lawyers for Paris office
  • Matthew Cahill, Paul Severs and Yasuhiro Akita of Clifford Chance Tanaka & Akita, Tokyo, examine how regulatory changes are opening the door to securitization in post-financial crisis Japan
  • Linklaters advises on BT rights issue
  • Lawyers warn that technology companies could face an avalanche of securities fraud litigation following the stock market slump
  • "It's like a kid in a candy store. They can't even decide what kind of chocolate to get"
  • Increase in market activity
  • Recent Japanese legislative changes relating to the establishment of holding companies and corporate splits will have important effects on convertible Eurobond documentation. Alan Davies and Surya Soni of Linklaters & Alliance, Tokyo, explain