Briefings

Morrison Foerster – On November 18, 2014, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed a proposed rule change with the Securities and Exchange Commission (the “SEC”) to adopt NASD Rule 2711 as new FINRA Rule 2241 with significant modifications.1 The proposed changes reflect a more flexible principles-based approach and incorporate many of the FINRA […]

By Sonia Girgis and Trevor James Morrison & Foerster – On 4 December, George Osborne in his Autumn Statement, announced a new UK withholding tax exemption for interest payments on UK private placements. The announcement was followed by draft legislative clauses with the Finance Bill 2015, released yesterday. The new exemption will mean that UK corporate borrowers

Freshfields – A survey of multinational companies by Freshfields shows many are complacent when many employees are willing to blow the whistle.  They have a new report, details below. International law firm Freshfields Bruckhaus Deringer is urging multinational companies to move whistleblowing up their risk agendas as a global survey* of more than 2,500 middle

Clifford Chance – With the decision by the United States and the European Union to impose sanctions on Russia came a raft of new challenges not ordinarily contemplated even by the most seasoned sanctions experts. Commercial and financial transactions have been heavily impacted by the imposition of constraints on dealings with a major trading power