Financial Regulatory Forum

LSE and TMX: ‘London Bridge’ shakes from staggering complexity

By Guest Contributor
February 11, 2011

Office workers are seen in the London Place business district near Tower Bridge in central London February 9, 2011. REUTERS/Toby MelvilleBy John Mackie

Feb. 10 (Westlaw Business) The blockbuster merger bridging the London and Toronto Stock Exchanges may have been announced, but this London bridge may yet fall under the sheer weight of staggering legal complexity. A broad group, from AIM to Borse Dubai, and from the Montreal Exchange to Borsa Italiana, stand to be impacted by these issues. And what a set of issues it is, ranging from post-Potash foreign investment concerns to restrictive provincial securities laws to undertakings regarding corporate governance. Even legacy contractual commitments from past acquisitions by the TSX must be considered. Global markets affecting everything from equities to derivatives to venture funding await.

COLUMN – Iron ore concentration raises valid concerns: John Kemp

By Reuters Staff
April 7, 2010

By John Kemp

LONDON, April 7 (Reuters) – In a new twist to the iron ore saga, Brazil’s giant iron ore producer Vale has launched a blistering counter-attack on European steelmakers, accusing them of coordinating their approach to ore negotiations in a manner that would raise issues under European competition law.