Company hires and sector developments

No-deal agreement sealed

ESMA has agreed Memoranda of Understanding (MoUs) with the Bank of England (BoE) for the recognition of central counterparties (CCPs) and of the central securities depository (CSD) established in the United Kingdom (UK), that would take effect should the UK leave the European Union (EU) without a withdrawal agreement, the no-deal Brexit scenario.

US

Morgan Lewis has hired Paul St. Laurence to the role of partner in it its structured transactions practice. St. Laurence joins from Cleary Gottlieb and has a focus on securitisation, asset-based finance and other structured finance and derivatives products.