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by Dr. Isadore Lemke PhD Published 2 years ago Updated 1 year ago
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Hogan Lovells eyes growth in South Africa with hire of Edward Nathan Sonnenbergs partner as banking head

Transatlantic giant Hogan Lovells has made its first lateral hire in South Africa since merging last December with Routledge Modise, taking on finance partner Anina Boshoff from leading local firm Edward Nathan Sonnenbergs (ENS) to head up its banking and finance department in Johannesburg.

Energy run: Clifford Chance advises Shell on series of major M&A deals

Clifford Chance (CC) has secured a run of major mandates for Royal Dutch Shell including last week’s A$2.9bn ($2.6bn) agreement to sell the global energy giant’s Australia downstream businesses to Vitol and the sale of a number of businesses in Italy to affiliates of Kuwait Petroleum International.

Homegrown BPO – Hogan Lovells puts South Africa at centre of new business support initiative

Transatlantic firm Hogan Lovells has put South Africa at the centre of its cost savings plans for clients, setting up a business support services function that will see new vacancies from Europe and Asia evaluated in terms of whether they could as easily be done from the lower cost site.

Hogan Lovells expands Latin America footprint with hire of Clifford Chance partner for São Paulo launch

Hogan Lovells has expanded its Latin America offering by launching a second office in Brazil, hiring former Clifford Chance (CC) partner Isabel Costa Carvalho.

Texas launch – Arnold & Porter opens Houston presence with four-partner Hogan Lovells litigation team

Washington-headquartered Global 100 law firm Arnold & Porter has become the latest to launch in Houston with the hire of a four-strong litigation team from Hogan Lovells.

Hogan Lovells expands Latin America footprint with hire of CC partner in Brazil

Hogan Lovells has expanded its Latin America offering with the launch of its second office in Brazil, with the hire of former Clifford Chance partner Isabel Costa Carvalho.

Hogan Lovells and Olswang strengthen TMT practices with hire of team heads in Hong Kong and Germany

As Hong Kong becomes gateway to the world’s biggest trader in goods after China overtook the US for the first time in 2013, the region continues to see high profile lateral moves, most recently from Freshfields Bruckhaus Deringer to Hogan Lovells, which has hired the Magic Circle firm’s regional head of intellectual property (IP), IT and technology media and telecoms (TMT), Mark Parsons..

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Regulatory Developments

  • On 12 January 2022, the Hong Kong Monetary Authority (HKMA) issueda Discussion Paper on Crypto-assets and Stablecoins. The Discussion Paper includes some principles for a potential regulatory regime for payment-related stablecoins. The Payment Systems and Stored Value Facilities Ordinance (PSSVFO) created a licensing regime for stored value facilit...
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Payment Market Developments

  • On 10 December 2021, it was reportedthat Boost, the fintech arm of Axiata Digital, is partnering with Mastercard to provide a range of innovative payment solutions. One of the first expected products is a Mastercard prepaid card, which according to Boost will allow customers to make easy payments in Malaysia, Indonesia and countries where Mastercard is accepted. Mastercard …
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Surveys and Reports

  • On 4 January 2022, it was reported that a reporton the Singaporean fintech market had been released. The report found that Singapore's fintech market has reached a critical mass, and that the COVID-19 pandemic has acted as a catalyst for this by driving up demand for digital payments, virtual banking and Buy Now Pay Later (BNPL). In particular, the report notes that: 1. …
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