About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

21 Int'l Fin. L. Rev. 1 (2002)

handle is hein.journals/intfinr21 and id is 1 raw text is: IFLR INTERNATIONAL FINANCIAL LAW REVIEW Contents January 2002 Vol. XXI 1 COB to reveal French securities revolution The Commission des operation de bourse (COB) will soon complete its radical shake-up of securities regulation forthe French markets. The reforms were inspired and influenced bythe globalization of markets and increased volatility of share prices. The COB hasto an extent been forced tofollow both the markets and SEC's lead. However, as Edward Kamman of Skadden, Arps, Slate, Meagher & Flom in Paris explains, the French reforms have much to teach other regulators in the fields of present disclosure and communications restrictions during offerings * Doubts over FSA influence on Takeover Panel * Deutsche Bank questions Russia banking reforms * SEC report urges changes to fair disclosure rules * Clifford Chance, Wong to rekindle joint venture * Late rush of European convertible issues * SingTel completes groundbreaking bond issue * A&O closes Dutch synthetic CDO comment The problem with Turkey's competition regime 12 Gbnenq Girkaynak of White & Case, New York, assesses the nascent competition regime in Turkey and argues that it places too heavy a burden of proof on those accused of anti-competitive behaviour europe In-house view: Dexia Group 15 Thomas Williams talks to Axel Miller, general counsel of Dexia Group, about life after Clifford Chance Limiting auditors' liability on insolvencies 18 Auditors are often made the scapegoat when companies go bust and with little protection from the UK courts sometimes end up having to settle expensive claims. As Arrabella Giles of Clifford Chance, London, explains however, a recent decision in the Barings case will limit auditors' liabilities What WPP/Tempus means for Mac clauses in the US 20 The Takeover Panel's ruling on WPP/Tempus may have been the death blow for material adverse change clauses in the UK, but what of the US? Richard Trobman and Nick Cline of Latham & Watkins, London, ask if the US authorities would have come to the same conclusion if they had been presented with WPP americas Canadian firms face the strategy challenge 29 Canadian firms may be coping well with in the present economic climate but many in the legal market are still struggling to decide on a strategy. Tom Nicholson reports international How securitization can help the developing world 37 Securitization is an important tool in helping financial systems and capital markets to evolve and expand, but so far the world's richest nations have had a competitive advantage over their less developed neighbours. Lakshman Alles of Australia's Curtin University discusses the challenges of bringing securitization to the developing world asia-pacific Why Australian law threatens airline financiers 43 The events of September 11 have shown how a law passed two years ago could expose the owners, opera- tors and financiers of airlines flying in Australia to unlimited liability. Nicholas Creed and Justin Mereine of Mallesons Stephen Jaques explain the risks they face Slow pace of reform hampers Indian markets 47 With liberalization in a state of paralysis, India's legal market remains closed to outsiders. Many observers are concerned that this is hampering both the development of local law firms and the economy as a whole. Nick Ferguson reports The future for foreign IPOs in China 53 The first IPO by a foreign company in China may be just around the corner. Stefanie Tetz Amy Lo and Ralph Koppitz of Clifford Chance explain how closer cooperation between the regulators and increased clarity of the rules could open the door to a new equity market Australia Debt/equity classification Brazil Investment funds Canada National escrow policy Finland Provisions of Interest Market supervision reform Italy Public real estate securitization South Africa Notarial bonds Sri Lanka Employee share trusts Switzerland virt-X and SWX Thailand Corporatization of PTT Turkey The Istanbul Approach United Kingdom Banking business transfer schemes IFLR January 02 www.iflr.com I

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most