The third volume of this yearbook provides articles, comments, and
analyses of developments throughout 1998. A special focus section
highlights the most significant legal issues raised by the
formation of a single currency in the ongoing process of economic
and monetary union in the European Union. Commentary is provided on
subjects including international financial standards and the
transition economies, legal and practical aspects of recovering
debt from Russian financial institutions, New Zealand's alternative
approach to banking supervision, and regulation of foreign bank
access in China. Recent developments, as with previous editions,
cover all major areas of the world. This year includes analysis of
China's new securities law, the development of the Financial
Supervisory Authority in the UK, regional integration and trade
liberalization in southern Africa, and problems created by
government intervention in the Hong Kong stock market. This volume
should be useful to anyone with an interest in international
financial and economic law throughout the world.
General
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