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By Koo and Partners, Hong Kong and Beijing

ATILIO DELL'ORO MAINI Cárdenas, Cassagne & Asociados

Response to the recent financial crises: banking law reform By Özlem Oral of Birsel Law Offices, Istanbul

By Jakob R Möller of Logos Legal Services, Reykjavik

By Atilio Dell’ Oro Maini of Cárdenas, Cassagne & Asociados, Buenos Aires

Banking law update By Mira Davidovski of Salans Hertzfeld & Heilbronn, London

Project finance in France By Tim Scales and Noël Chahid-Nouraï of Allen & Overy, Paris

By Koo and Partners, Hong Kong and Beijing

The Mexican Financial System By Antonio Franck and José Visoso of Franck, Galicia y Robles SC, Mexico City

The House of Representatives has approved legislation that will save investors and companies nearly $8 billion in fees over the next five years. The bill, which was passed overwhelmingly last month, reduces the rates that the US Securities and Exchange Commission (SEC) charges on equity transactions, securities registrations, public offerings and mergers and acquisitions (M&A) deals. The cut follows pressure from industry trade groups, including the Security Traders Association, which said the SEC was collecting much more than it needed to cover its activities.