This memorandum highlights some considerations for the preparation of 2012 annual reports on Form 20-F. As in previous years, we discuss new disclosure obligations and areas of focus for ...
On 9 May 2012 the Securities and Futures Commission (SFC) released its Consultation Paper on the Regulation of Sponsors (Consultation Paper), attaching draft new rules to regulate the dut...
The Federal Reserve’s decision this week to confer Comprehensive Consolidated Supervision status to three state-owned Chinese banks has been long awaited and paves the way for major Chi...
This memorandum highlights some considerations for the preparation of 2011 annual reports on Form 20-F and certain other U.S.-related regulatory actions and developments of interest to fo...
As a result of the various capital reforms arising out of the recent financial crisis, there has been increasing interest by non-US banks to issue contingent convertible instruments (“C...
Although there are no changes to Form 20-F itself this year, the economic and financial crisis has resulted in significant U.S. regulatory actions, which will affect all companies prepari...
On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). While the crux of the Act regulates financial institutions...
One of the by-products of the ongoing global financial crisis is a re-emergence of a phenomenon that has not been widely seen since the bursting of the dot-com bubble nearly nine years ag...
While the current worldwide economic slowdown and credit crunch have limited refinancing options for companies which have previously issued debt securities, the recent decline in secondar...
