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  • Many insurance policies contain clauses that require disputes to be resolved by arbitration, rather than through the courts
  • Transatlantic dialogue on financial services? How open is Europe to American capital?
  • Randall Barquero León In July 2015, the Organisation for Economic Cooperation and Development (the OECD) formally established the path for Costa Rica's accession. The process started in 2013 when the OECD stated that it would consider applications for Colombia and Costa Rica's entry. This was the first time the OECD had announced an expansion since 2007. If admitted, Colombia and Costa Rica would become the third and fourth Latin American members of the OECD, after Chile and Mexico. This has been considered both a vote of confidence for Costa Rica but also a challenge to its capacity to adapt to meet the organisation's standards. These standards include financial regulations.
  • Jennifer Williams Corporate law firms have geared up for 2016 with intensive lateral hiring. The new year was young when PAUL HASTINGS announced it had lured partner and alternative lending specialist William Brady from Proskauer Rose in New York. Also in early January, DECHERT hired funds lawyer Timothy Spangler to its office in Orange County from Sidley Austin. Spangler, who held equivalent positions at Kaye Scholer, advises clients on the launch of hedge funds, private equity funds, venture capital funds, real estate funds, and funds of funds.
  • Only 10% of some 2,500 major listed domestic companies have fully complied with Japan's first corporate governance code, introduced last June, according to counsel in the country.
  • Further regulatory guidance is needed to unleash China’s new market. In the meantime, counsel are busy speculating over its biggest driving force to-date
  • What underpins any FMI reforms Financial regulators in Asia have called for the need to establish common regulatory infrastructure for the region's capital markets, rather than simply importing western regulatory regimes.
  • Julian M Hashim Yishan Yong More parties are opting to include service of notices in agreements by way of email because it is expeditious and convenient. However, there are implications of using email as a method of service that may not be obvious.
  • In a more LP-centric world, European carry has become the industry benchmark for all funds. Augentius's Brendan Tyne outlines why
  • Struggling foreign companies keep finding new ways to restructure in England. But as Milbank's Matthew Czyzyk explains, their tactics are facing tougher scrutiny by the courts