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  • There is little need for this in regulator-bank settlements When Judge Rakoff rejected a $285 million settlement between Citi and the Securities & Exchange Commission (SEC) in 2011, many dismissed the move as type of financial-world publicity stunt. Rakoff has long been a critic of neither-admit-nor-deny settlements, and the Citi/SEC agreement seemed to push him over the edge. Of course the bank and Commission have appealed, and of course that is still rumbling through the court system. And of course everyone expects the court to rule in favour of the appellants (a judgment is expected early this month).
  • The world is eagerly awaiting the internationalisation of the renminbi (RMB), but it may be further away than many believe.
  • Has New Zealand found a way to keep these away from creditors?
  • The latest draft of the European Commission's (EC's) Financial Transaction Tax (FTT), far from forming a vital part of the arsenal of post-crisis reform, would freeze credit markets in Europe.
  • Last year’s M&A mechanism of choice
  • Ozan Karaduman and Tugçe Avcisert of Mehmet Gün & Partners explore the likely impact of a new law on the Turkish electricity market, and the effect on the use of renewable energy
  • Seda Akipek and Müjdem Aksoy of Cerrahoglu examine the implications of changes to Turkey’s Commercial Code which allow for electronic company meetings
  • Noyan Turunç and Kerem Turunç of TURUNÇ provide an overview of recent developments in the Turkish private equity market
  • Noyan Turunç of TURUNÇ provides an overview of the new Turkish law on work health and safety
  • Ozan Karaduman and Tugçe Avcisert of Mehmet Gün & Partners explore the likely impact of a new law on the Turkish electricity market, and the effect on the use of renewable energy