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  • A small Latvian lender is at the centre of a battle that suggests early fears over ECB supervision of all eurozone banks were not unfounded
  • The BCBS has issued its proposed Standardised Measurement Approach. Banks are concerned about its implications
  • Inadequate and strict regulations are hampering growth in Asia's fintech sector, despite the technology surging in the region
  • A report has shown no evidence of financial institutions gaming the system, weeks after Basel did away with internal operational risk calculations
  • In Australia, independent HWL EBSWORTH recruited technology partner Josh Messing from Herbert Smith Freehills. In other news MINTER ELLISON lured away a pair of M&A partners Con Boulougouris and Wissam Abwi from Norton Rose Fulbright.
  • After Italy's long-awaited plan for resolving its chronic non-performing loan (NPL) problem was made public in January, the too-big-to-fail debate has firmly regained its place in the spotlight – if it ever went away in the first place.
  • Lorraine Tyson Jolina Cuaresma GREENBERG TRAURIG had a busy month in the US, hiring investment fund and advisory of counsel Christopher McHugh from the SEC in Washington, DC alongside corporate and securities specialist Christopher Machera from Goldman Sachs in New York. The firm also hired corporate and project finance partners Michael Robson (Chapman & Cutler) and Lorraine Tyson (Pugh Jones & Johnson) in Chicago.
  • The EU's long-overdue investigation into closet tracking is tipped to force brighter-lines between asset management strategies, and could prompt the closure of more active funds.