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  • The SEC has lifted its $5 million fixed limit on stock incentive plans for foreign companies with US operations. But as Michael Alcamo of Morgan, Lewis & Bockius, New York, explains, tougher disclosure requirements present new challenges
  • The Chinese government's robust defence of the renminbi during the Asian financial crisis prevented devaluation.
  • By Prof Dr J Steenbergen of Loeff Claeys Verbeke Brussels, University of Leuven The amendments are concerned primarily with the rules on merger control and joint ventures. The law of April 26 1999 also addresses a number of procedural issues. Belgian Competition Law is modelled on the EU rules of competition
  • Share buybacks facilitated
  • Studio Legale Beltramo Rome
  • Italy has paved the way for the liberalization of the electricity industry
  • Restructurings related to projects can prove especially complex
  • Privatization of the electricity sector is resumed
  • The government of Singapore has issued a report calling for the partial opening of the legal market. Joint ventures and formal alliances may come to the city much sooner than anyone expected, but most firms, both local and international,are unhappy with the proposal. Rich Meyer reports from Singapore
  • The EU’s Finality Directive is designed to provide greater legal certainty following the introduction of the euro. Richard Potok of Potok & Co, London, looks at the progress of the implementation of Article 9(2) of the Directive throughout the Union.