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Are reforms to transform China’s IPO approval system into a registration system create a market-based and rule-of-law-based system of funding?

The Netherlands is one of Europe’s most creditor-friendly jurisdictions. NautaDutil's Teun Struycken and David Viëtor explain how the country is vying with Luxembourg as the holding company jurisdiction of choice

Poor old Esma. Tasked with implementing the Markets in Financial Instruments Directive II (Mifid II) and poised to announce its level one consultation, the regulator is increasingly being made aware of its shortcomings.

Pork producer WH Group's decision to pull its Hong Kong initial public offering (IPO) sparked yet another round of criticism aimed at market practices in the city-state. The company had mandated a record 28 banks for its listing. The sheer size of the consortium reportedly made execution difficult, especially with weak demand for the deal.

Gluten-free dieters and dark pool fans have a few things in common Michael Lewis's book Flash Boys has drawn criticism from traders, brokers, banks, lawyers and exchanges about the accuracy of the picture it paints. A joke repeated at conferences and in conversation is that if Flash Boys can't be found in non-fiction section, you should try the best sellers shelf. The most widespread criticism of the book, which looks into the growth and effect of high-frequency trading (HFT) in the US, is that it is full of inaccuracies. But many also say that what Lewis reveals - which is true - isn't news. Everyone, they claim, is aware that time is money, dark pools create issues for transparent markets, and maker-taker can be problematic.

The Santiago Stock Exchange and Toronto Stock Exchange Venture's (TSXV) planned junior market in Chile could allow companies to seamlessly dual list on both bourses.

Corporate governance failings could be banks' biggest weakness in future stress tests, new research has revealed.

The use of UK schemes of arrangement (SOA) by foreign-incorporated companies has been boosted by a decision to allow German company APCOA Parking to utilise a scheme despite minimal connection to the country.

A remuneration policy led by non-executives and which is clearly disclosed in the directors' remuneration report is one of five key ingredients to good corporate governance, Barclays' chairman said last month.

In tandem with high M&A dealflow, US and Canadian law firms aggressively expanded their corporate practices in late April and early May. One of the latest firms to ramp up its private equity practice is MCDERMOTT WILL & EMERY, which lured transactional and fundraising partner Michael Sartor from Ropes & Gray. On the opposite coast, SIDLEY AUSTIN recruited emerging companies and venture capital specialist Sam Zucker as a partner in Palo Alto. Late in April, KIRKLAND & ELLIS announced the opening of a Houston office and its hire of M&A lawyer Andrew Calder from Simpson Thacher & Bartlett, whose private equity clients have included KKR and Blackstone Energy Partners.