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  • The government has published a policy paper as part of its budget proposals setting out far reaching reforms for the securities and futures markets. James Walker of Clifford Chance, Hong Kong outlines the proposals which include the merger of the Hong Kong exchanges
  • With its first mortgage bond bank due to start trading, Luxembourg is aiming to create an international market for mortgage-backed securities. Henri Wagner, partner at Beghin Nothar Feider Loeff Claeys Verbeke, Luxembourg reviews the legislation which will govern the new banks
  • Disclosing companies' corporate governance measures
  • New market at the Swiss Stock Exchange for venture capital firms
  • The Eastern Petrochemical Company (SHARQ) is to expand its plant at Al-Jubail in Saudi Arabia.
  • New tax regime for holding companies
  • Local authorities and their role in the reduction of the national public deficit
  • US energy company SCANA is to acquire the Public Service Company of North Carolina (PSCN) for $900 million including the assumption of debt.
  • The Canary Wharf Group is to launch an initial public offering of around 25% of Canary Wharf, the largest property company single site in the UK.
  • Foreign investment in real estate property