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  • Dutch regulators clarify restricted circle concept
    The Dutch Central Bank and Securities Board have given the clearest guidance to date on the qualification criteria for restricted circle offerings. By Pieter Riemer of Trenité Van Doorne, London
    June 30 1999
  • US structured finance
    Effect of subordination agreements in bankruptcy proceedings
    June 30 1999
  • Heard at the bar
    Winston and Strawn has raided its New York rivals to add four new partners.
    June 30 1999
  • The regional impact of the Asian financial crisis
    Overview of developments in the past year By Richard M Gray of Milbank, Tweed, Hadley & McCloy LLP, Singapore
    June 30 1999
  • Commerzbank moves into Italian asset management
    Commerzbank is the first big European bank to set up an asset management group in Italy under new rules adopted in 1998. Gianluca Santilli and Andrea Marino of Santilli e Associati are advising the bank and describe the structure
    June 30 1999
  • Spain
    New regulations on foreign investment
    June 30 1999
  • Continental firms merge
    Continental firms Beiten Burkhardt Mittl & Wegener (Germany), Moquet Borde & Associés (France), Pavia e Ansaldo (Italy) and Meyer Lustenberger (Switzerland) have joined to form the partnership BBLP
    June 30 1999
  • Commission predicts further mergers in the financial sector
    At the start of June, the Commission published its Annual Report on Competition Policy
    June 30 1999
  • Commission outlines action plan for single financial market
    A series of policy objectives and specific measures to improve the single market for financial services over the next five years have been outlined in the Financial Services Action Plan adopted at the start of May by the European Commission
    June 30 1999
  • LTCB sells $11 billion loan portfolio
    Japan’s Long-Term Credit Bank (LTCB) is selling $11 billion-worth of loans to the GE Capital Corporation, a US financial services group
    June 30 1999
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