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The UK’s PRA has intensified bank recovery planning requirements far beyond existing UK and EU rules

Rarely has an activity as technical as clearing been the subject of so much passionate debate and discussion. And with Brexit negotiations going nowhere fast, we could be hearing about it for a while longer.

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Michael Wolf Philadelphia-based BALLARD SPAHR has merged with two law firms in one week: media law firm Levine Sullivan Koch & Schulz and Minneapolis-based Lindquist & Vennum, a corporate M&A specialist. The combined firm will have over 650 lawyers in 15 offices US-wide.

The new Labour Code is scheduled to be enacted in 2018 or 2019. The latest version of the draft law presented for solicitation of public opinion from April to June 2017 introduces some notable changes proposed by the government.

On July 13 2017, Brazil enacted Law 13.467 which changed many aspects of Brazilian labour and employment law (the Amendment).

The magnitude of the December 2016 Odebrecht corruption scandal continues to unfold. The Ruta del Sol, Sector II agreement, one of Colombia's largest toll road projects which was involved in the scandal, has now been terminated by mutual agreement following an order from the Superintendence of Industry and Commerce. Some queries remain unresolved regarding the termination payment under the formula agreed by the parties. In addition to that particular case, lenders now have several concerns as to the consequences of a concession agreement being declared null and void due to kickbacks in the bidding process.

The lighter side of the past month in the world of financial law

It was only a matter of time until the benchmark was set to come to an end. But what could possibly replace this much criticised rate? IFLR finds out

There are still no globally-accepted environmental and climate finance standards in spite of issuances rocketing. But some initiatives are helping