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Fernando Torrente Daniella Zussa Florian Biesalski It was also an active month in France with the fallout from KWM taking centre stage. GOODWIN PROCTER was one to take advantage, recruiting private equity and funds partner Arnaud David, previously co-head of investment funds at the ailing firm. David brought with him a team of four associates. The firm also appointed Marie-Laure Bruneel to the partnership from De Pardieu Brocas Maffei. KWM also lost its other co-head of investment funds, Nathalie Duguay, who switched to WILLKIE FARR & GALLAGHER to join its fund formation and asset management team.

Asset managers think Mifid II will have the most significant regulatory impact on their business

Vu Le Bang Nguyen Thi Thanh Tram On January 1 2017 law no 91/2014/QH13 dated November 24 2015 (Civil Code) took effect, and deemed that the lending interest rate applicable to a loan is the one agreed upon by the parties involved. The agreed lending interest rate, however, must not exceed the cap of 20% per annum. If interest is agreed to be paid without a specific lending rate and the lending rate is disputed by the parties, the rate will be deemed to be equal to 50% of the cap on the lending rate (20%) at the time of repayment (article 468.2 of the Civil Code).

The Commission’s proposed preventive restructuring frameworks would reduce differences between EU regimes but several issues need to be ironed out

President Donald Trump may have his sights set on deregulation but a full repeal of title VII looks unlikely

The government is placing continued focus on acquisitions by foreign companies in Germany

IFLR hosted the UK’s leading regulatory lawyers to discuss the best path forward for London’s financial institutions seeking single market access. The debate was friendly but the differences were often stark

European banks have tested a new form of senior bank debt, but there are inherent risks built into this new asset class

The recommendations provide managers with some much-needed relief. If taken on board, it will speed up the equivalence process considerably

The cases continue to pass through UK courts, creating esoteric precedents on everything from Isda master agreements to currency claims