Latest Developments * UK and EU

Six months in prospect



Editors’ Note

A rapid-read overview of the main items in this issue

Credit default swaps: lessons on the role of private ordering in mitigating systemic risk



Protecting Client Money in the UK–The Lehman Cases

The Lehman Aftermath: Hong Kong and Singapore Regulatory Reforms in the Structured Product Markets World

Public Take-overs in Central and Eastern Europe–Cases and Developments

Impact of the global financial crisis on OTC derivatives in structured debt transactions

Latest Developments: UK and EU