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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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BLG hires FSA lawyer for regulatory team

Barlow Lyde & Gilbert (BLG) has strengthened its financial services regulatory team with the hire of a lawyer from the Financial Services Authority’s (FSA) enforcement division. Emily Benson has joined the firm as an associate director, one level below partner, and reports to financial services regulatory head Ian Mason. Mason, who joined BLG in January […]

Survey reveals fifty per cent slump in individual pro bono hours

The number of hours individual lawyers dedicate to pro bono work has almost halved in the past five years, new research commissioned by the Law Society has found. Each lawyer on average now provides 15 hours of free advice a year, compared with 32 hours in 2002, according to the survey. The findings, which polled […]

Lovells tinkers with lockstep again

Lovells is reviewing its lockstep once again with the intention of allowing partners in economically weaker jurisdictions to enter the equity. Currently the firm’s equity ladder starts at 30 points, increasing by three points a year over a 10-year period. However, with partners having to meet certain requirements in order to enter the lockstep it […]

Financial services and pensions

The European financial services market has gone through major change this year with the implementa-tion of the Markets in Financial Instruments Directive (Mifid). The directive has been making a slow entry in individual member states, something that will hamper its smooth running for a number of years to come. Domestically, market abuse remains a major […]

Linklaters reunited with DIC after Freshfields conflicted out

Linklaters reunited with DIC after Freshfields conflicted out” />Linklaters has won back Dubai International Capital (DIC) as a client, completing two mega-deals for the emirate’s investment arm in one week. The firm navigated DIC through its $1.2bn (£580m) purchase of German aluminium producer Altadis from Rhône Group and Teachers’ Private Capital (TPC). A day later, […]

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