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  • Paul Geradine, the FSA's director of listing The UK Financial Services Authority (FSA) has endured a stern test of its disclosure policies for biotechnology companies, after controversial UK group Huntingdon Life Sciences avoided closure by securing a last-minute investment package. In a press release on January 17 the FSA announced a new system designed to encourage more biotech companies to list in the UK.
  • Australia’s financial services reforms will give it one of the most unified and advanced financial services regimes in the world. Karen Den-Toll, director of financial services at Clayton Utz in Sydney, examines how the changes will affect issuers of financial products, and advisers across both the retail and wholesale customer markets
  • Parts of Asia are ripe for the kind of explosion in leveraged buy-outs seen in the US and Europe in the 1980s and 1990s. Richard Gray of Milbank, Tweed, Hadley & McCloy, Hong Kong, examines the legal and structural issues which this potential new market must address
  • New law on bank mergersHerguner Bilgen & Ozeke Istanbul
  • No tax exemption for short-term capital gains of banking institutionsBaker & McKenzie Frankfurt
  • The start of 2001 has seen the SEC introduce a number of measures aimed at promoting the role of independent directors. Kenneth Berman and Elizabeth Kaplan of Debevoise & Plimpton, Washington, DC, assess the reforms
  • New rules for listing on the SWX local capsWenger Vieli Belser
  • Investment funds in PolandWierbowski & Szubielska Warsaw
  • Kazakhstan adopts stamp duty on notes and bills of exchangeBaker & McKenzie
  • Improved economic situationNoronha Advogados London