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  • Following a decline in foreign investment in Japan the Tokyo Stock Exchange is promoting Tokyo Aim as a venue for foreign issuers. But the role of advisers will need some tweaking before anyone lists
  • Supporters of the draft Alternative Investment Fund Managers directive need to start planning now to deal with the impact on national regulators
  • The Loan Market Association elected Ian Fitzgerald of Lloyds Banking Group as its new Chairman at its annual general meeting last week.
  • Former New Jersey Banking and Insurance Commissioner Steven Goldman is joining Kramer Levin Naftalis & Frankel in New York.
  • Simpson Thacher & Bartlett is advising Kohlberg Kravis & Roberts on its combination with KPE (KKR’s private equity group).
  • The International Swaps and Derivatives Association is jumping ahead of the restructuring curve with its Small Bang Protocol
  • Yesterday’s Walker Review could answer many of the questions that bank executives have been worrying about since their internal governance systems came under scrutiny
  • Time is running out to participate in IFLR and Clifford Chance’s second annual Asian CCP. The deadline for returned Poll questionnaires is Friday, July 24
  • Shearman & Sterling has assisted Abu Dhabi National Oil Company on a $10 billion joint venture with ConocoPhillips. The venture will develop the Shah gas field in the south of the United Arab Emirates, as well as new natural gas, liquid, and sulphur pipelines. ConocoPhilips was represented by an in-house team.
  • Allen & Overy has advised a syndicate of 11 international banks on a €1.56 billion motorway financing in Poland. The project is co-financed by the European Investment Bank, which was assisted by Clifford Chance. Squire Sanders & Dempsey and Baker & McKenzie represented the project company and sponsors, with Wierzbowski Eversheds advising the public authorities.