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  • The Task Force created by the Ontario Securities Commission has released its report on debt-like derivatives recommending legislation for the protection of retail investors. Clint Calder and Ron Schlumpf of CIBC World Markets, Toronto review the proposals
  • Sweden plans a new regime for asset-backed issues from January 1 2000, allowing for onshore structures to securitize local assets. Svante Hultqvist and Tomas Gärdfors of Advokatfirman Lindahl outline the proposals
  • BVL: Anyone watching the future?
  • Changes in corporate law
  • IPOs under scrutiny by the Finnish financial supervision
  • Allen & Overy and Linklaters & Paines are advising on the $13 billion loan Vodafone has secured for its merger with Airtouch.
  • UK company Imperial Tobacco has issued its first ever Yankee bond, worth $600 million with the aid of US firms Weil Gotshal & Manges and Brown & Wood.
  • UK firms Simmons & Simmons and SJ Berwin are advising on British Land’s £1.54 billion ($2.5 billion) securitization.
  • Clients, like their lawyers, have adopted a pragmatic approach to business to cope with the Asian downturn. Ben Maiden reports from Hong Kong and Beijing as firms struggle with fee pressure and work levels to stay in the market
  • Public offering in Chile of offshore securities