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  • Based on its experiences with European exchanges, the Commodity Futures Trading Commission plans to allow US customer access to foreign electronic trading systems. By Michael S Sackheim, Brown & Wood LLP, New York
  • 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.
  • California’s Venture Law Group is advising internet company Yahoo! on its purchase of Broadcast.com, the leading aggregator and broadcaster of media programming on the web.
  • CNMV's guidelines on publication of research reports
  • New Polish company law
  • Award of bonus miles infringes German law
  • On March 30 1999 the European Commission approved the creation of a joint venture between BT and AT&T.
  • In February 24, the Economic and Social Committee of the EU welcomed a proposal for a minimum effective taxation of interest paid to individuals who are resident for tax purposes in a member state other than the one in which an interest payment is made.
  • New law on insolvency of credit organizations
  • BP Amoco is to buy the Atlantic Richfield Company (Arco) for $26.8 billion.