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In Focus
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Mayer Brown elevates 65 lawyers worldwide on January 1Mayer Brown announced today that is has elevated 65 lawyers. The group comprises 39 lawyers who have been promoted to partner, and 26 who have attained the position of counsel.
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US IRS Releases Final Regulations Addressing IBOR TransitionOn December 30, 2021, the Internal Revenue Service (IRS) published final regulations for the IBOR transition. This Legal Update provides background on the principle US federal income tax concern with IBOR-related amendments to existing contracts and an overview of previous IRS guidance aimed at addressing the concern. The Update then discusses the types of modifications that can fit within the final regulations, the relief provided for modifications that do fit and a few questions left open by the IRS.
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Asia IP & TMT: Quarterly Review - Fourth Quarter 2021We are delighted to share with you our latest Quarterly Review featuring IP & TMT updates from around the region.
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January 182022Important implications for the Hong Kong insurance industry as well as non-insurance entities collaborating with insurers arise from the latest explanatory note issued by the Insurance Authority in October 2021 defining whether someone is carrying on a ‘regulated activity’ under Section 64G of the Insurance Ordinance Cap 41 and therefore needs to be a licensed insurance intermediary.
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January 172022We have compiled the following chronology table which serves as a quick reference point to track the circulars and guidance published by HK financial services regulators in relation to COVID-19. We will update the table regularly. Kindly note that the table is not intended to capture all regulatory publications on an exhaustive basis.
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January 172022Europe Daily News, the latest policy and legal developments in the European Union