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  • Denton Wilde Sapte has merged with its French associate firm, Salès Vincent & Associés. The new firm, to be called Denton Salès Vincent & Thomas, has retained five partners and their teams from Salès Vincent, as well as bringing in four other partners from outside the association.
  • Indonesia's Law 42 enables security interests to be registered in movable goods. Robert Hornick of Morgan, Lewis & Bockius, New York, reviews the new legislation and assesses its attempts to provide better security for creditors
  • Regulation of the European securities market was top of the agenda at the recent Capital Markets Forum Euro Seminar in Frankfurt. Some speakers chose to play it safe, but the European Central Bank's general counsel took the opportunity to lay his cards on the table. Rufus Jones reports.
  • Gilles Thieffry of Norton Rose, London, argues that, although technological change in settlements is raising new problems for issuers and regulators, traditional legal issues still hold true
  • Ministerial inquiry into the electricity industry
  • EU adopts directive on e-commerce
  • FBC to ease requirements for market makers
  • The Financial Services and Markets Act
  • Overseas loans from Italian banks subject to foreign taxes
  • UK advertising company Saatchi & Saatchi announced on June 20 that it intends to merge with Publicis, which is listed on the Paris Stock Exchange. The deal values Saatchi & Saatchi at euro 1.96 billion ($1.84 billion). The UK company will become a wholly-owned subsidiary of Publicis which, with a combined market capitalization of euro 6.3 billion, the companies say will be the fifth largest advertising company in the world in terms of revenue.