New bifunctional catalysts composed of PdCl 4 2 À , OsO 4 2 À and OsO 4 2 À , WO 4 2 À designed and prepared by a counterionic stabilization technique involving the reactions of Na 2 PdCl 4 -K 2 OsO 4 and K 2 OsO 4 -Na 2 WO 4 with nanocrystalline MgO are well characterized. These bifunctional catalysts, NAPMg-PdOs and NAP-Mg-OsW perform tandem Heck asymmetric dihydroxylation and asymmetric dihydroxylation-N-oxidation reactions, respectively, in the presence of the chiral ligand 1,4-bis(9-o-dihydroquinidinyl)phthalazine [(DHQD) 2 PHAL] in a single pot. It is quite impressive to note that H 2 O 2 is used as a terminal oxidant to provide N-methylmorpholine N-oxide (NMO) in situ by the oxidation of N-methylmorpholine (NMM) in the asymmetric dihydroxylation-N-oxidation catalyzed by NAP-Mg-OsW.