The recent identification of an essential RING-H2 finger protein in the SCF
E3 ubiquitin ligase complex of budding yeast has uncovered a family of rel
ated E3 enzymes, including the other main cell cycle E3 complex, the anapha
se promoting complex (APC), Recent insights into APC-dependent proteolysis
include a novel protease activity that dissolves cohesion between sister ch
romatids at anaphase, and a crucial phosphatase, Cdc14, whose release from
the nucleolus eliminates cyclin-dependent kinase activity and thereby drive
s exit from mitosis.