Search results for

On June 29 2001, the People's Bank of China (PBOC) promulgated China's first set of electronic banking regulations, entitled "Tentative measures governing electronic banking business".

The classification of debt and equity for taxation purposes in Australia is about to undergo significant change if the provisions of the New Business Tax System (Debt & Equity) Bill 2001 are enacted.

Thomas Abbondante Allen & Overy's debt practice made waves again last month when the firm helped secure the largest ever high-yield bond issue by a European company outside the telecommunications sector. US partners Thomas Abbondante and Adam Kupitz led the firm's high-yield team advising Goldman Sachs International, Royal Bank of Scotland and Hypovereinsbank on the euro 550 million ($471 million) 10.4% bond issued by Messer Griesheim Holding, the holding company of the German industrial gases group Messer Griesheim.

Shearman expands Paris bankruptcy practice

The Beijing government has banned Credit Suisse First Boston from doing business deals in China, reportedly because conferences hosted by the bank were attended by Taiwanese officials, according to a report from Reuters.

Despite the destruction of its office in downtown Manhattan, the Securities and Exchange Commission (SEC) has said that enforcement actions will not be abandoned.

Germany is to radically reform the regulation of its capital markets in a bid to restore investor confidence and make the country more competitive as a financial centre. Hans Eichel, the country's finance minister announced a series of measures last month to become law next year.

BBLP Beiten Burkhardt Mittl & Wegener was hit in early May by the defection of its entire Frankfurt mergers and acquisitions (M&A) team and all but one of its five partners in the city to Weil, Gotshal & Manges. Led by the managing partner of the firm's Frankfurt office, Gerhard Schmidt, partners Heiner Drüke, Stephan Grauke and Uwe Hartmann are to move to the local office of the US firm leaving just one partner, the public notary Thilo Krause-Palfner, to hold the fort for BBLP in the city.

Simmons & Simmons has become the first UK firm to offer full-service advice on Japanese law. Simmons has teamed up with TMI Associates, a respected firm that was created in 1990 as a breakaway from Nishimura's intellectual property practice, and has since expanded to cover general corporate work.

Linklaters is to merge with Belgian Alliance firm De Bandt van Hecke Lagae & Loesch, furthering the UK firm's efforts to integrate its European network, having secured tie-ups in Sweden and Germany earlier this year.