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  • A former chairman of Baker & McKenzie is betting on a new internet business that aims to change the way law firms pitch for business.
  • Law firms in Germany are rubbing their hands at the prospect of the London and Frankfurt iX merger, and many have been limbering up over the last six months with a host of landmark deals. Rufus Jones reports from Frankfurt
  • Since introducing the International Collective Investment Schemes concept last May, Cyprus has been active in refining the regulations governing their use. Constantinos Adamides, Adamos K Adamides & Co examines the latest developments
  • The use of commercial paper as an alternative way to raise capital is becoming increasingly popular in Poland. The first Polish commercial paper was issued in 1992 under the name "commercial coupons". Since that time a growing number of entities have decided to take advantage of this financial instrument.
  • New foreign exchange regulations were recently introduced in Colombia and a regulation project intended to facilitate foreign investment in the country is pending.
  • A significant reorganization of the regulatory provisions applicable to Italian investment firms (SIMs) is in the process of being implemented. Under a decree, dated August 4, issued by the governor of the Bank of Italy a unified text of rules has been approved to govern SIMs. The new regulation ties together EU and national regulatory provisions on investment firms, taking into consideration their most up-to-date operational requirements.
  • Kazakhstan's new law on financial leasing (the Lease Law) became effective on July 13. It regulates tripartite transactions involving a sale of assets from a supplier to a lessor, followed by the lessor's lease of those assets to a lessee. Although this type of transaction was first recognized by the special part of the Civil Code in July 1999, it has remained relatively rare due to the lack of clarifying legislation.
  • The German government has been quick to respond to Vodafone’s ground-breaking hostile bid for Mannesmann. In June, it introduced proposals to regulate takeovers for the first time. Hartmut Krause of Allen & Overy, Frankfurt, explains the proposed rules
  • Germany signs up for e-commerce bill
  • Allen & Overy and Simons & Simmons are working on the proposed $2.1 billion joint venture between Italy's Finmeccanica and the UK's GKN, which the companies hope to close this autumn. The deal is an opportunity for both firms to integrate their Italian entities into advisory teams.