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  • Chinese firm Haiwen & Partners has completed a full house of the year's significant Chinese privatizations with its role on the Sinopec offering. China Petroleum and Chemical Corporation, otherwise known as Sinopec, raised $3.47 billion through a global offering.
  • Toronto law firm Miller Thomson has merged with Swinton & Company from Vancouver, which specializes in securities law.
  • The International Swaps and Derivatives Association (ISDA) issued its "Operational Regulatory Approach Discussion Paper" in October. The paper was complied in co-operation with ISDA member firms and argues that regulatory appraisal of operational risk management by financial institutions should include a set of qualitative criteria.
  • Europe's financial watchdogs plan to continue regulating alternative trading systems (ATSs) as they regulate brokerages, rather than classify ATSs as separate exchanges to be governed by stock exchange rules, says a recent report.
  • White & Case's Frankfurt office has lost two partners to Lovells Boesebeck Droste. Oliver Kessler is a securities partner and Thomas Schrell a corporate partner. Both have had short tenures at White & Case, Kessler having arrived in June 1999 from Wessing Berenberg-Gossler, and Schrell having joined from then-Freshfields Deringer in late 1999.
  • While Clifford Chance has suffered a setback, Baker & McKenzie has finally won its own joint law venture licence (JVL). The firm's original application needed to be resubmitted thanks to its dual-partnership system with local entity Wong & Leow which ran foul of the JVL terms.
  • Creeping-in regulationsCMS Strommer Reich-Rohrwig, Karasek Hainz, Vienna
  • Union Bank of Switzerland (UBS) group general counsel Urs Roth has had to deal with more pressure in the last 10 years than most in-house lawyers deal with in a lifetime. Roth talks to Rufus Jones about a life less ordinary in one of the world’s biggest banks
  • Mayer Brown & Platt has advised on the $40 million syndicated project financing of the Julietta gold mine in Eastern Siberia. The deal is thought to be the first Russian mining project to be funded by commercial banks.
  • The new rules for Fair Disclosure became effective on October 23, despite calls to set back the implementation date.