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  • For five years, the development of the Dutch repo market has been threatened by fears that local law is not consistent with the Global Master Repurchase Agreement. New legislation, however, has been introduced to confirm the validity of such transactions. Willem Rank of NautaDutilh, Amsterdam explains
  • As the first cross-border merger of stock exchanges in Europe, Euronext and its experiences will inevitably set an important precedent for any future consolidation of Europe’s financial markets. Sandrine Hirsch and Vanessa Marquette of Stibbe Simont Monahan Duhot, Brussels, advised on the Euronext merger and explain both the challenges involved and what still needs to be done
  • While the US has led the world in securitization for many years, the Canadian market has also witnessed rapid growth. Martin Fingerhut of Blake Cassels & Graydon, Toronto, looks at how issuers are using Canada’s legislative framework and reform to exploit new asset classes and increase issuance
  • The Human Rights Act is brought into forceLandwell, London
  • Privatization of BanespaNoronha Advogados, London
  • Hurdles to employee stock option plansHergüner Bilgen & Özeke, Istanbul
  • The new Argentine law on financial leasingAllende & Brea, Buenos Aires
  • Employee stock option plansWierzbowski & Szubielska, Warsaw
  • Creeping-in regulationsCMS Strommer Reich-Rohrwig, Karasek Hainz, Vienna
  • FBC accepts innovative Tier 1 capital instrumentsWenger Vieli Belser