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  • Eight lawyers have defected from the Gothenburg office of Lagerlöf & Leman, Swedish member firm of Linklaters & Alliance, as talks to merge the two firms take place.
  • Linklaters has launched a legal extranet, Clients@Linklaters, which provides clients with direct access to contact, deal and billing information via a single website. Linklaters claims it is the most advanced extranet to be offered by a law firm.
  • Gilles Thieffry
  • The iX merger proposal between the London Stock Exchange (LSE) and Deutsche Börse has been officially withdrawn in the wake of concerns over regulatory harmonization and the potential level of operating costs.
  • The regulation of Investigatory Powers Act 2000: RIP?Landwell, London
  • Russia enacts tax reformsLeBouef Lamb Greene & MacRae, Moscow
  • Turkey moves towards creating a derivatives marketHergüner Bilgen & Özeke, Istanbul
  • Asset finance: the assignment of receivablesClaro y Cia, Santiago
  • New resolution issued by Water Regulation CommissionGomez Pinzon & Associados, Bogota
  • In May, the Brazilian government notified the IMF of its commitment, under the Bretton Woods Agreement of 1944, to lift exchange control regulations and to refrain from imposing restrictions on the flow of capital. The commitment is yet to be implemented, but certain previous procedures are already being simplified: