Jonathan Keats Norton Rose LLP
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European Union - April 27 2009
There has been published in the Official Journal of the European Union the opinion of the European Central Bank of 5 March 2009 on a proposal for a Directive of the European Parliament and of the Council amending Directives 2006/48/EC and 2006/49/EC as regards banks affiliated to central institutions, certain own funds items, large exposures, supervisory arrangements, and crisis management.
China - March 1 2009
Following the lead of the Chinese State Council which recently announced a massive fiscal stimulus package, the China Banking Regulatory Commission (CBRC) has overhauled the merger and acquisition (M&A) acquisition finance regime.