Clifford Chance RSS Feed

International Regulatory Update 11 – 15 May 2026

Tue, 19 May 2026 08:31:26 GMT

Clifford Chance's International Regulatory Update is a weekly digest of significant regulatory developments affecting banking and investment banking business, drawing on our daily content from our Alerter: Finance Industry service.

EU Prospectus Regulation disclosure changes from 5 June

Fri, 15 May 2026 10:20:00 GMT

On 7 May 2026, the European Commission adopted amendments to the EU prospectus disclosure regime. These are in the form of a Regulation to amend Delegated Regulation (EU) 2019/980, plus related disclosure Annexes.

ESMA has suggested that the adopted measures should be treated as applying from 5 June, even though they will not formally be EU law by then.

See our alert for a high-level summary of the practical implications for different types of EU Prospectus Regulation prospectuses approved from 5 June.

International Regulatory Update 05 – 08 May 2026

Tue, 12 May 2026 08:43:16 GMT

Consumer Goods & Retail Sector: UK corporate criminal liability reforms: risks for global supply chains

Fri, 08 May 2026 08:13:00 GMT

Reforms to the UK's law on corporate criminal liability which will come into effect on 29 June 2026 will increase the risk of prosecution for businesses with complex global supply chains. Multinational organisations will be potentially criminally liable for the actions of certain individuals within them. They should review their supply chain operations and governance arrangements now and identify and address any weaknesses that could give rise to UK enforcement action.

Supply chain compliance depends on all participants identifying and addressing risks and meeting their legal and regulatory obligations across sourcing, manufacturing, distribution and marketing operations. For consumer goods and retail businesses, the risk of criminal investigations and enforcement action is particularly pronounced in the UK, the US, France and Italy. Implementing clear policies, conducting regular reviews of supply chain processes and putting in place thorough training arrangements across all relevant jurisdictions are therefore essential.

International Regulatory Update 27 April – 1 May 2026

Wed, 06 May 2026 08:06:43 GMT

Clifford Chance announces promotion of 28 new partners

Thu, 30 Apr 2026 12:29:45 GMT

These promotions underscore the firm’s ongoing commitment to enhancing its global capabilities across key products, markets, and sectors where it can deliver the greatest value for clients.

Charles Adams, Global Managing Partner, said:

“These promotions recognise lawyers who consistently operate at the highest level, delivering outstanding results for clients on their most complex, cross-border matters. They play a pivotal role in the firm’s strong performance, deepening key client relationships and driving the next phase of our growth strategy.”

Adrian Cartwright, Global Senior Partner, added:

“Our newly promoted partners demonstrate exceptional judgement, deep market insight, and a strong sense of leadership and accountability to both our clients and the firm. Their appointments reflect the high standards we set for our partnership and our commitment to fostering an environment where exceptional talent can thrive and achieve their best.”

The promotions take effect 1 May 2026.

The promoted partners are:

Alice Dunoyer de Segonzac, Disputes, Paris
Auriane Bijon, Capital Markets, Paris
Bahar Rahimyar, Project Development & Finance, Düsseldorf
Benjamin Fisher, Debt Finance, New York
Benjamin Harding, Funds & Asset Management, London
Ben Redding, Real Estate, London
Cameron Dwyer, Tax, Pensions, Employment & Incentives, London
Caroline Scholke, Antitrust & Trade, Düsseldorf
Chris Norman, Restructuring & Insolvency, London
Craig Grant, Private Equity, London
Dan Bomsztyk, Corporate Transactions & Advisory, London
David Gérard, Real Estate, Paris
Eric Schaffer, Private Equity, New York
Georg Lübbehüsen, Debt Finance, Frankfurt
Gillis Waelkens, Corporate Transactions & Advisory, Brussels
Hannah Richard, Tax, Pensions, Employment & Incentives, New York
Janet Fok, Corporate Transactions & Advisory, Hong Kong
Joclynn Marsh, Corporate Transactions & Advisory, Houston
John Karantonis, Private Equity, Sydney
Kyle Kreshover, Private Equity, Houston
Leonardo Fernández, Structured Finance, Madrid
Matthew Ball, Capital Markets, Tokyo
Michael Gorrie, Disputes, London
Oliver Clarke, Funds & Asset Management, London
Pablo Murcia, Corporate Transactions & Advisory, Madrid
Peter Hughes, Project Development & Finance, Washington DC
Rebecca Elgar, Real Estate, Sydney
Rebecca Trapp, Tax, Pensions, Employment & Incentives, London

International Regulatory Update 20 – 24 April 2026

Tue, 28 Apr 2026 08:22:54 GMT

What Mythos means for your business: action to take now

Tue, 21 Apr 2026 13:18:00 GMT

AI's cyber capabilities are advancing fast. AI-related cybersecurity risks – and expectations of preparedness – are rising. Recent limited or restricted releases of new AI models with advanced cyber capabilities highlight AI's exceptional potential to bolster cyber defence, as well as the risk of strengthened cyber-attacks if misused.

International Regulatory Update 13 – 17 April 2026

Tue, 21 Apr 2026 09:45:34 GMT

International Regulatory Update 6 – 10 April 2026

Tue, 14 Apr 2026 08:36:07 GMT

International Regulatory Update 30 March – 3 April 2026

Tue, 07 Apr 2026 08:25:02 GMT

International Regulatory Update 23 – 27 March 2026

Tue, 31 Mar 2026 09:12:20 GMT

Through the Strait: Safe Harbour, Force Majeure and related issues for commercial contracts

Mon, 30 Mar 2026 12:54:00 GMT

Uncertainty affecting transit through the Strait of Hormuz is significantly impacting the flow and stability of global supply chains. With nearly 20% of the world’s oil and gas moving through the Strait, current events have created immediate and significant challenges for upstream producers, downstream buyers and the wider energy ecosystem. These effects are extending into adjacent sectors including mining, transport, logistics, aviation and manufacturing, where companies are already dealing with tighter operating conditions and mounting uncertainty.

This paper sets out ten practical considerations for businesses and their advisors as they navigate this period of heightened operational risk.

International Regulatory Update 16 – 20 March 2026

Tue, 24 Mar 2026 09:47:00 GMT

ISDA and EMTA publish the 2026 FX Definitions: What you need to know now

Fri, 20 Mar 2026 14:30:00 GMT

The new 2026 FX Definitions were published by ISDA and EMTA on 3 March 2026 and will be adopted as the market standard definitions for FX transactions from 22 November 2027. This interval is intended to provide market participants with sufficient time to update their systems and prepare for the transition.

In this briefing, we provide a high-level overview of the key features of the new definitions and consider what market participants need to know now, as they begin to assess the scope and timing of their implementation programmes.

International Regulatory Update 09 – 13 March 2026

Tue, 17 Mar 2026 09:42:07 GMT

The race to mine the seabed: Opportunities and risks

Fri, 13 Mar 2026 14:19:00 GMT

It is now almost trite to highlight the importance of critical minerals to the energy transition. The world's demand for critical minerals, including copper, cobalt, nickel and lithium, is soaring (with prices tipped to do the same). Less well known are the significant quantities of those minerals found deep in the ocean, lying on the seabed in the form of polymetallic nodules – small, solid, potato-sized balls of mineral-rich rocks. Over recent years, an area of the Pacific Ocean known as the Clarion-Clipperton Zone (CCZ), located between Mexico and Hawaii, has become the target of significant mineral exploration activities in this (until now) relatively unknown part of the earth.

Not surprisingly, the CCZ now lies at the heart of a geopolitical race to secure access to the metals needed to drive the energy transition forward. In this briefing we explore the significant opportunities – and risks – this race poses for investors.

International Regulatory Update 02 – 06 March 2026

Tue, 10 Mar 2026 09:52:26 GMT

Clifford Chance advises on Türkiye Petrolleri’s US$4bn programme and debut US$1bn sukuk

Thu, 05 Mar 2026 08:45:17 GMT

The debut issuance marks only the second cross‑border sukuk issuance by a Turkish corporate and is the largest cross‑border Turkish corporate sukuk issuance to date. Clifford Chance also previously advised the joint lead managers on the first-ever cross‑border sukuk by a Turkish corporate, Türk Telekom’s US$600 million sukuk in 2025. The TPAO issuance further represents the first corporate sukuk from Türkiye to be issued by a state‑owned entity.

The transaction attracted exceptionally strong investor demand, generating a geographically diverse order book of US$5.5 billion from 165 accounts across Europe, Asia and the Middle East. The sukuk carries an annual profit rate of 6.3% and is listed on the International Securities Market of the London Stock Exchange.

Clifford Chance’s cross-border team advising the Joint Global Coordinators and Joint Lead Managers comprised lawyers from the firm’s Dubai and Istanbul offices and was led by partners Qudeer Latif and Sait Eryılmaz. They were supported by legal consultants Brian O’Leary and Shauaib Mirza, senior associates Ibrahim Hassan and Ali Can Altıparmak, alongside associates Büşra Altuntaş, Saby Mahmud and Alper Eski.

A separate Clifford Chance team in London represented BNY Mellon Corporate Trustee Services Limited and The Bank of New York Mellon, acting as Representative and in various agency capacities under the programme. The London team was led by partner Bruce Kahl with support from associate Robert Hartman and trainee Callum Florance.

Commenting on the transaction, Qudeer Latif said:

"This landmark debut sukuk issuance by TPAO represents a significant milestone for Türkiye’s corporate capital markets. We are delighted to have supported the Joint Global Coordinators and Joint Lead Managers on another market‑defining sukuk, reinforcing our long‑standing leadership in advising on complex, cross‑border Islamic finance transactions across emerging markets."

International Regulatory Update 23 – 27 February 2026

Tue, 03 Mar 2026 10:28:00 GMT