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  • "A cocktail of Kafkaesque inefficiency"
  • Robert Palache, the former managing partner of Clifford Chance's finance practice, has resigned from his position as co-head of securitization at Nomura International. It is unknown where he will move next.
  • Howard Davies Howard Davies, chairman of the UK's Financial Services Authority (FSA), warned in April that his fellow European regulators must take action if European banks are to benefit from the new Basle Capital Accord in 2004. Speaking at a conference on the accord in London, Davies urged Europe to make faster progress towards implementing the necessary legislation if it is to be able to start using the accord at the same time as the US and other non-Europeans.
  • Shearman & Sterling adds to European arbitration team
  • Financial institutions have called on the Securities and Exchange Commission (SEC) to clarify its new disclosure rule.
  • 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.
  • A year ago Nordic law firms were reaping the benefits of booming capital markets work for high-tech companies. The collapse in equity values may have frozen the flow of deals but, as Thomas Williams reports, lawyers are finding they can help clients in bad times as well as good
  • News round-up Bech-Bruun Dragsted
  • 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
  • This month, IFLR presents extracts from the second and final part of the roundtable discussion on the unique issues faced by a company launching a cross-border internet offering