Firm
Veteran partners Ian Ho and Anthony King will co-lead the new office, which will also welcome two new partners from Baker McKenzie and Latham
New hires were made across the M&A, corporate and finance teams at leading firms across the UK, Germany and Saudi Arabia
Charles Russell Speechlys corporate partner discusses how the firm’s early PISCES mandates are creating new revenue streams and can generate cross-practice opportunities
Newly independent King & Wood has established offices in North America, while Mallesons has entered a ‘new era’ with a 1,200-lawyer firm across Australia and Singapore
Consortium Legal’s M&A partner David Reuben discusses the largest transaction to ever cross the desks of law firms and authorities in the region
HSF Kramer appoints M&A trio in New York, while Vinson & Elkins opens its Brussels office and Morgan Lewis elects new chair
Annette Becker, who joined the firm’s new Seattle hub last year after nearly 25 years at K&L Gates, discusses building an M&A platform amid AI-driven deal complexity
Reed Smith has set up shop in Boston, while other firms have hired across capital structure solutions, project finance, corporate and banking practices in the US, Australia and Italy
Sponsored
Sponsored
-
Sponsored by JunHeIn 2015, the National Development and Reform Commission (NDRC) issued the Circular on Promoting the Reform of the Filing and Registration Regime for Issuance of Foreign Debt by Enterprises, under which, both issuance of bonds and borrowing of mid-and-long term commercial loans overseas by PRC enterprises and/or their offshore subsidiaries and branches (collectively, the debtors) are subject to a prior filing and registration with NDRC (foreign debt filing). Over the past five years, the debtors as applicants encountered a lot of issues with regard to the foreign debt filing due to the ambiguity in definitions, scope and standards thereof. As a result, the NDRC issued detailed application guidance including 25 FAQs and respective answers in February 2020, aiming to make these issues clear. -
Sponsored by Elias Neocleous & CoLibor [London interbank offered rate] is the primary benchmark, along with Euribor, for short-term interest rates around the world. Libor rates are calculated for five currencies and seven borrowing periods, ranging from overnight to one year, and are published each business day. Libor is based on submissions provided by a selection of large international panel banks. These submissions are intended to reflect the interest rate at which banks could lend one another unsecured funds. Many financial institutions, mortgage lenders, and credit card agencies set their own rates based on this. However, in 2017, the UK's Financial Conduct Authority (FCA) announced that after 2021 it would no longer require the panel banks to submit the rates needed to calculate Libor. Libor will no longer be published after the end of 2021, and market participants are urged to transition to alternative reference rates (ARRs).
-
Sponsored by Nagashima Ohno & TsunematsuOn July 24 2019, based on a request from the Financial Services Agency (FSA), the Trust Companies Association of Japan – a financial association whose members comprise of financial institutions engaged in trust businesses – proposed sample provisions to deal with the risk of money laundering etc. in trust agreements. The outline of these sample provisions is as follows:
