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  • Led by general counsel Gregory Palm, Goldman Sachs’s legal department has doubled in size in just three years. Palm tells IFLR why consolidation in the financial services sector is pushing banks’ in-house teams to look for more efficient ways to deliver legal services. Traditional bank-law firm relationships will never be the same
  • Swiss regulator will not tolerate dummy transactionsWenger Vieli Belser
  • Lease regulations introduced into Polish civil codeWierzbowski & Szubielska, Warsaw
  • Public offerings in PortugalF Castelo Branco, P. Rebelo de Sousa & Associados, Lisbon
  • Dutch auction issuer bids find marketHouthoff Buruma, Amsterdam
  • On September 6 the boards of Euroclear, the Brussels Stock Exchange (BXS) and the Amsterdam Stock Exchange (AEX) annouced the signing of a memorandum of understanding in relation to the proposed merger of the Belgian and Dutch central securities depositaries, CIK and Negicef respectively, into the Euroclear group.
  • New guidelines on the role of the servicer in securitizationsStudio Legale Beltramo, Rome
  • Liberalization of the investment funds marketMartonyi és Kajtár Baker & McKenzie, Budapest
  • Regulation on warrants to be introducedRoschier-Holmberg & Waselius, Helsinki
  • Liberalization of the Uruguayan telecommunications marketEstudio Bernstein, Montevideo