certain financial transactions onthestockmarkets areorarenotinsiders, whichwouldshowthefraudulent orregular natureoftheirtransactions. The Convention doesnotrequire parties tosetupcontrol orsupervisory bodies forthestockmarkets. However, theco-operation bytheexchange of information assumes theexistence atnational levelofanadequate structure bothinthefieldoflegislation andinthefieldofinstitutions capable of ensuring thecollection, theexamination andthetransmission ofinformation. Theheadlines oftheConvention havebeenlateronincorporated inthe Directive issuedbytheCommission oftheEuropean Communities relating tothe co-ordination ofrulesoninsider trading. E. ILA: securities regulation 122.TheAssociation islooking intotheneedforharmonisation and co-ordination intheregulation oftransborder financial services, particularly inrelation tointernational capital markets. Initially the Committee isworking on(1)liberalisation offinancial services intheEEC and(2)theCouncil ofEuropeConvention onInsider Trading. Areporton thoseissueswillbemadeatthe64thILAConference inAustralia inAugust 1990. F.UNIDROIT: Uniform LawReview 123.Thesecondvolumeofthe1986Uniform LawReview andthefirstissueof the1987edition oftheReviewwerepublished inJune1989. Theformer contains aselectbibliography (PartIll)andthecustomary selection ofcase lawrelating totheinterpretation andapplication ofuniform lawConventions (PartIV).The1987/1issueoftheReview, amongothertopics, contains the report ontheactivities oftheInstitute in1986bytheSecretary-General of UNIDROIT andanarticle entitled "L'introduction dudroituniforme deGeneve surla1ettre dechange. lebilletaordreetlechequedansledroitespagno1.
**Analysis**
The text appears to be discussing financial transactions, insider trading, and the regulation of financial services, which suggests a strong connection to economic activities. Additionally, the mention of international cooperation and harmonization of laws implies an international context, which is typical of economic and financial matters.

**Category**
Economic development, International trade