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The success of China’s highly anticipated foreign investment law has been overshadowed

In-house counsel, industry groups and private practice lawyers are unanimous in their view that the promoter concept is losing relevance and needs to change to encourage Indian companies to go public

In the Baltics, the Levin law firm alliance secured a replacement for its former Lithuania member, Dominas Levin, which merged with Walless last year. Local firm Wint combined with Glikman Akin Levin and Latvia's Kronbergs Cukste Levin to reestablish a pan-Baltic alliance.

In Hong Kong SAR, PRC firm DeHeng Law Offices opened in cooperation with local firm Chungs Lawyers.

The effective failure of Mercosur highlights a greater need for the continent to work together to establish peace, regulatory control and stability.

Britain's flag has finally been removed from the EU and the implementation period has begun – with the two remaining aligned at least until the end of the year. In this time, greenfield thinking is desperately needed as, at present, whatever happens next in the negotiations is anyone's guess. Even those who are doing the actual negotiating are not that enlightened on what the future might hold for the relationship.

In Chile, Clyde & Co launched an office after forming an association with Grasty Quintana Majlis.

In cross-border acquisition financing, it is common practice that so-called 'security principles' are negotiated and defined in an annex to the facilities agreement. On the one hand, it is specifically held in these security principles what security will be granted by the obligors and the target group to the finance parties; and on the other hand, it also generally describes circumstances under which an exception to the obligation to provide certain security can occur. The security principles provide guidance to the lawyers involved in different jurisdictions whose task it is to translate these principles into specific security documents.

On November 26 2019, the National Assembly approved the Law on Securities 54/2019/QH14 (Securities Law 2019). This Law will replace the Law on Securities 70/2006/QH11, as amended in 2010, (Securities Law 2006) and will be effective from January 1 2021. In an attempt to improve the securities market, the Securities Law 2019 introduces, among other amendments, notable changes in relation to certain requirements for private placements of shares in public companies (Private Placement).

On January 22 2020 the instrument of ratification of the Multilateral Convention to Implement Tax Treaty Related Matters (MLI), and the Cyprus position on the minimum standards of the MLI and explanatory statement, were published in the Official Gazette of the Republic.