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    Teams of the year
    L-R: Iñigo Esteve, Christian Kremer, Gilles Lebreton, Marianne Pezant, Priya Sarohia, Victoria Bortkevicha, Adrian Cartwright, Nick Fletcher, Bert de Maeyer, Arthur Iliev and Yves Herinckx of Clifford Chance
    March 29 2012
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    Revision of collective investment scheme rules
    Andreas Moll The Swiss Government, the Federal Council, intends to amend the Swiss Collective Investment Schemes Act (CISA). It announced in January 2012 that it will draw up a dispatch of the amended CISA to be ready by spring 2012, taking into consideration the statements submitted by the invited parties and organisations in the course of the consultation proceedings.
    March 29 2012
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    Korean national pension service backs CSR
    Hyeon Tak Shin Recently, South Korea's National Pension Fund Operation Committee amended the Guidelines for Voting of the Fund to deliberate on the independency of outside directors, signaling the start of an attempt by the National Pension Service (NPS) to strengthen its shareholder's rights which were previously almost neglected.
    March 29 2012
  • Amended rule on minimum public ownership
    In its executive session held on December 19 2011, the Securities and Exchange Commission resolved to approve the Philippine Stock Exchange's Amended Rule on Minimum Public Ownership. The Amended Rule, which took effect on January 1 2012, was issued in response to the position of the Bureau of Internal Revenue on the tax treatment of sales, barters or exchanges of shares of stock of listed companies that do not satisfy the minimum public ownership requirement.
    March 29 2012
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    The road ahead for Peruvian corporates
    Pablo Berckholtz Exactly one year ago I anticipated that, despite the global economic downturn, we would see a spur of equity offerings in Peru as a way to raise capital by Peruvian companies and as part of exit strategies for hedge funds and private equity houses that have invested in Peruvian companies. I also anticipated that we would see a flow of debt offerings in the international markets in 2011 – most of which would likely be high yield bonds.
    March 29 2012
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    National winners
    National law firms of the year L-R: Pekka Puolakka of Soraninen, Yves Herinckx of Clifford Chance and Bert de Mayer of Clifford Chance, Markus Heidinger of Wolf Theiss
    March 29 2012
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    Deals of the year
    L-R: Jonathan Fried of Linklaters, Ansgar Schott and René Bösch of Homburger, Natalie Hill of Allen & Overy
    March 29 2012
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    IFLR European awards: deals, teams and national winners in full
    Over 250 private practice, in-house counsel and special guests came together at The Dorchester in London on March 22 to see Clifford Chance pick up the prestigious international firm of the year award, breaking Linklaters’ five-year winning streak. Emmanuel Maurice of the EBRD was awarded the lifetime achievement award, while Svein Andresen of the Financial Stability Board accepted the regulatory achievement award on behalf of Paul Tucker, deputy governor of the Bank of England.
    March 29 2012
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    Teams of the year
    L-R: Brandon Vidal-Lubin of Major Lindsay & Africa, Hwang Hwa Sim and William Liu of Linklaters
    March 29 2012
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    National winners
    This award is given for each of the 14 Asian jurisdictions that IFLR covers. It is for firms whose head office is in that jurisdiction and recognises work they carried out under their home law last year across all of IFLR’s core practice areas. Peer and client recommendations are also taken into account to decide the winners.
    March 29 2012
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