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  • Australian firms reassess overseas offices
    Australia's third largest firm, Freehill Hollingdale & Page, has announced the closure of its London office from August 31. Resident partner Kevin Lewis says: "Australia is getting smaller and smaller vis-à-vis the rest of the world. Investors prefer newer markets such as South America or South-East Asia, where they get higher returns."
    July 31 1996
  • Foreign lawyers in Hungary look beyond privatization
    When the second wave of sell-offs is completed, international law firms will have to compete for a niche in Budapest's financial markets. By Richard Forster
    July 31 1996
  • Czech lawyers react to new legislation
    The Czech Republic's economy is into a second phase of development. Privatization is almost over and reforms are now stiffening regulation. The lawyers that are left must prepare for long-term work, not brief transactions. Paul Lee reports
    July 31 1996
  • Banking balancing act
    Johan Tyteca, head of the legal department at Kredietbank, talks to Diana Bentley
    July 31 1996
  • Canadian securities regulators introduce electronic filing
    Beginning in October 1996, the electronic filing of securities documentation will become mandatory in Canada. Marguerite Mooney of Borden & Elliot, Toronto, reports on how market participants will benefit
    July 31 1996
  • $2.2 billion Flotation of UK nuclear utility
    The public equity offering of UK nuclear power company British Energy closed on July 10 with the privatization yielding £1.4 million ($2.18 billion) for the UK government.
    July 31 1996
  • Heard at the bar
    • US firm Winston & Strawn has rehired former partner Robert Bostrom. Bostrom will leave his post as legal and regulatory general counsel at NatWest Bancorp to head the financial institutions practice in the New York office of the law firm.
    June 30 1996
  • Running the regulator
    Ros Wright, general counsel and director of policy, the Securities and Futures Authority, talks to Richard Forster
    June 30 1996
  • European Union
    With the adoption of a Communication by Sir Leon Brittan and Karel van Miert, the trade and competition commissioners, the European Commission has proposed the establishment of an international framework of competition rules. The Communication, which must still be presented to the Council, calls on the WTO ministerial conference in Singapore in December to agree to study, from 1997, the possibility of an international framework of competition rules.
    June 30 1996
  • Turkey
    The following is a summary of recent developments:
    June 30 1996
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