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  • Keith Noreika The past month witnessed a bit of a slowdown in terms of lateral moves in the US. In contrast to the previous two months, there were no multi-partner jumps from one firm to another, and fewer partner moves overall.
  • The EU’s one-stop shop principle for concentrations faces an uncertain future following the UK’s Brexit decision. Several scenarios could play out
  • Managers could benefit from the extension of the current EU passporting regime. Work is underway to develop a suitable regulatory framework
  • Islamic finance structures are increasingly being used for renewable energy projects across MENA. Here are the techniques to consider
  • Andrew M Garbarski In a recent milestone decision dated May 24 2016 (decision 6B_503/2015), the Swiss Federal Supreme Court (SFSC) held, for the first time, that the duty of financial intermediaries to report suspicions of money laundering may extend beyond the end of the relevant business relationship.
  • In the aftermath of the 2009 global financial crisis, international financial regulatory bodies such as the Basel Committee on Banking Supervision scrambled for answers to one key question: what caused the crisis. Although there were many causes, regulators uniformly concluded that a lack of sound corporate governance practices was one of the root causes of the crisis. It was said that boards of directors that were asleep at the helm, so-called runaway CEOs, figurehead audit and risk committees, and a lack of checks on moral hazard, were to blame for many of the problems.
  • This will be made easier The Financial Conduct Authority's new rules, which came into effect on September 7, create a better legal framework for whistleblowing in the UK.
  • A new instrument linking financial returns to environmental or social goals could thrive. But securities law conditions need to be met first
  • A Global Financial Markets Association (GFMA) report has highlighted risks stemming from post-crisis Basel reforms, suggesting a cost-benefit analysis of existing and proposed bank regulation.
  • A Commission non-paper seen by IFLR, which sets out a framework whereby contingent convertibles (CoCos) would be given greater protection, has been heralded as a welcome clarification for investors. Under the plan, CoCos are given priority if a bank's maximum distributable amount (MDA), including dividends and bonuses, is under pressure.