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  • "I am much happier that we now have a single regulator instead of what we had before which was frankly pretty ineffective"
  • The US securities regulator must consider revising key parts of the year-old fair disclosure regime, according to one of its own most senior figures. A report on the impact of Regulation Fair Disclosure by Laura Unger, a commissioner at the Securities and Exchange Commission (SEC), is calling for further clarity on the controversial rule.
  • "This alliance is defined more by what it is not" - Allard Metzelaar, Stibbe Dutch firm Stibbe insisted it would maintain its independence and position in the market after announcing in December that it is to join the Anglo-German alliance between Herbert Smith and Gleiss Lutz Hootz Hirsch.
  • LeBoeuf loses London head to US rival
  • Deutsche Bank's Moscow head has cast doubt on legal and administrative moves to reform Russia's ailing banking system. Speaking at a conference on the Russian banking sector in London early last month, Hubert Panzda, the chief executive of the bank in Russia, questioned whether plans to make Russian banks more competitive and transparent could be carried out in an increasingly uncertain economic climate.
  • 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
  • The events of September 11 have shown how a law passed two years ago could expose the owners, operators and financiers of airlines flying in Australia to unlimited liability. Nicholas Creed and Justin Mereine of Mallesons Stephen Jaques explain the risks they face
  • 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
  • Thomas Williams talks to Axel Miller, general counsel of Dexia Group, about life after Clifford Chance
  • The corporatization and privatization of state enterprises has been an objective of Thai government policy makers for several years. In December 1999, the Capital of State Enterprise Act (also know as the Corporatization Act) was published, providing the regulatory framework for the conversion of state enterprises to private or public limited companies, to be initially 100%-owned by the Ministry of Finance.