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  • Uzbekistan continues cautious liberalization of currency regime
  • Money laundering reporting
  • New code of conduct for Italian banks regarding corporate restructurings
  • Germany strengthens rules on default of payments
  • Antitrust regulations in Colombia
  • The Hong Kong Stock Exchange has listed on its own exchange with the help of Allen & Overy. Hong Kong Exchanges and Clearing (HKEx) was created last year by the merger of the stock exchange, the futures exchange and their associated clearing houses.
  • US firms Orrick, Herrington & Sutcliffe and LeBoeuf, Lamb, Greene & MacRae have hired partners to expand their public finance and banking practices respectively.
  • Varied fortunes for the South African bond market
  • Brazil commits to lifting exchange controls
  • UBS, the Swiss financial group and world's largest private bank, is buying PaineWebber, the fourth largest private client bank in the US, for $10.8 billion. The deal gives UBS access to PaineWebber's $475 billion worth of client assets.