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  • After the passing of secondary legislation, the Japanese government is ready to launch its private finance initiative. Mitsuhiro Kamiya of Freshfields, Tokyo looks at the rules and prospects for investors and bankers targeting Japanese PFI
  • Derivatives transactions with Hungarian investment funds
  • Deutsche Bank has lost a senior counsel to one of the law firms that it regularly outsources work to. Wolfgang Gross moved to Hengeler Mueller Weitzel Wirtz in Frankfurt in April and was immediately sent on a three-month secondment to the New York office of US 'best friend' Davis Polk & Wardwell.
  • Jonathan Walsh and Will Farrant of Norton Rose, London explain how the new UK regulator, the FSA, will change securitization for building societies as it aims to harmonize the regulations for banks and mutuals
  • Administrative assistance under narrow conditions
  • New Spanish regulations governing settlement systems
  • Limitations on the authority of the competition commission
  • Akin, Gump, Strauss, Hauer & Feld has expanded its corporate practice team in Washington DC with two Korea-focused partners. Jaemin Park and Jay Cohen joining from New York's Brown & Wood.
  • Allen & Overy is set to offer its clients Japanese legal advice. According to bar rules foreign firms cannot directly offer Japanese advice, but Allen & Overy is setting up a joint venture with a local firm.
  • US firm Sullivan & Cromwell has boosted its M&A capability in its London office by relocating a highly-rated M&A partner from New York, together with two colleagues. Neil Anderson has arrived in the UK, gaining the title of head of the firm's European M&A practice. Joining him from New York is fellow M&A partner George Sampas and litigation partner Ted Edelman.