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  • João Nuno Riquito Bruno Almeida The Macau Gaming Enterprises Staff Association recently renewed the debate surrounding the revision of Law 5/2011, which approved the smoking prevention and control bill. The gaming workers' union is pushing for a full smoking ban on casino premises, on the grounds of a lack of sufficient enforcement of the current bill.
  • Maiko Shimoda On June 3 2016, the Reform Act of the Banking Act, etc (the Reform Act), which includes amendments to the Banking Act, was enacted. Its aim is to respond to the diversification of the form of business management in financial groups and the rapid rate of innovation in information technology (IT). The details of the new regulation will remain unclear until the amendments to the relevant cabinet orders are announced. However, the Reform Act concerning the amendments to the Banking Act has already revealed the new regulatory framework for the banking group.
  • Brexit could impact bespoke derivatives trading documentation. And the possibility of dual compliance requirements will further add to transaction costs
  • The M&A mega deal, valued at $10 billion or more, helped make 2015 a record year. But data from Bloomberg Law – for US targets and US and overseas acquirers – suggest mega deals come with an increased risk of not closing. Over 28% of those deals failed from January 1 2012 to June 30 2015.
  • 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.
  • In the second part of a three-part series, a senior lawyer at a US investment bank analyses divergent regimes in Hong Kong and Singapore
  • Blockchain linked to troubled times ahead A World Economic Forum (WEF) report has revealed that blockchain could transform financial infrastructure, but lawyers believe regulatory differences may hamper its progress.
  • 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