The World Bank has for decades influenced the regulation and international liberalisation of public procurement markets. However, proliferating procurement chapters of trade agreements and cheap commercial credit flooding emerging markets, along with new development banks on the horizon, forced...

As the time goes by, after the commencement of the operations by the Asian Infrastructure Investment Bank (‘AIIB') in January 2016, subsequent official statements and press releases shed more light on the possible shape of the rules of procurement of goods services and construction services...

The Trans-Pacific Partnership (‘TPP’) is the world’s largest regional trade agreement. As a complex multi-theme agreement, among many other issues, the TPP also covers government procurement. While the TPP on the whole will not bring about a Copernican revolution in terms actual trade...

This is a contribution to a conference volume for the 2010 National University of Singapore Symposium on “Law and Development in China - The Legal Dimension of China's Development Model.” The paper aims to shed some light on the way forward for the Chinese securities markets. It examines the...

This paper views corruption as arising from a conflict of interests, in which the corrupt actor pursues a private interest at the expense of an official or professional duty. In this way, conflicts of interest are at the root of corrupt behaviour in both the public and the private sector. Such...

Voting rights are a shareholder's main legal channel to exercise control internally over the company in which she invests her savings. Under the corporate law of the US states, a shareholder is someone registered on the stockholders' list, not a person who has title to shares. When in the 1970s...

Although prohibited since the 1970s, insider dealing has only become a crime in Hong Kong since 2002. After briefly discussing the reasons for and against the prohibition of insider dealing, this paper outlines the legislative history of the regulatory mechanism for insider dealing in Hong Kong,...