The Chicago Bar Association’s Post

Your information is in safe hands with GMCU. To help keep your information safe, we recommend you follow the below tips: ❌ Don’t open anything that looks suspicious, or isn’t from someone you know 📱 Triple check, ask someone you trust or contact GMCU ❌ Report the scam to your local GMCU branch For more tips about staying safe online, talk to our local team. https://lnkd.in/gJ-Wz94J #gmcu #bankingwithpurpose

Did you see this month’s ABI Journal cover? DSI’s Mark Iammartino and Jack Donohue’s article “Why State Court Receiverships are Becoming the Norm for Smaller Companies” is the featured story. The article explores the resurgence of state-court receiverships as a preferred method for addressing insolvency in lower middle market businesses. It highlights the historical evolution of receiverships, recent legislative efforts to standardize state-level receivership statutes, and the growing appeal of these streamlined, cost-effective alternatives to traditional bankruptcy. To read the article: https://lnkd.in/gT5bnFnt American Bankruptcy Institute #Receiverships

Competition law in Africa is a growing field with varying levels of development across different countries. These laws are designed to promote market competition and prevent monopolistic practices that could harm consumers and hinder economic growth. AI and the 4th Industrial Revolution have seen the context grow more complex for regulators and there is now an increasing focus on digital markets and the need to address anti-competitive practices in the rapidly growing tech sector. Despite the promulgation of the ACFTA Competion Protocol, there is still very little capacity on the continent to handle this subject, leaving African businesses vulnerable to cartel behavior and non-compete practices. Several African countries have established competition laws and regulatory bodies, but their scope and enforcement can vary widely. For example, South Africa has a well-developed competition framework managed by the Competition Commission, while other countries like Nigeria and Kenya have also made significant strides in this area. Uganda just passed the Competition Act 2022 and is yet to establish the unite envisaged by the law. However with the dream of the ACFTA, we still find that the imbalanced progress in this area makes it hard for businesses to cross borders into countries that are not properly regulating competition. The African Union and regional economic communities like the East African Community (EAC) and the Economic Community of West African States (ECOWAS) are working to harmonize competition laws across member states to facilitate intra-African trade and investment. Without the states having qualified resources to partivipate in this improtant process, these efforts will be futile. Many African nations face challenges such as limited resources, lack of expertise, and political interference, which can impact the effective implementation and enforcement of competition regulation. We commend the COMESA Competition Commission for accrediting the Fidelis Leadership Institute to grow the capacity of regulators and raise awareness in East Africa on Competition regulation and consumer protection. Do take advantage of this opportunity to equip yourself for fresh areas of practice on the continent. Uganda Law Society - LAP David Sigano Stephen Asiimwe African Development Bank Group SEATINI UGANDA Pan African Lawyers Union

business is trust deposit in cash at HK fair

A sample of US BSL #CLO 1480 deals is included in this study. The table in this article lists managers with at least three of their deals in the top quartile. Prominently, Oak Hill Advisors, L.P. and Golub Capital stood out as the managers with the highest number of top quartile MVOC (BB) deals. Market Value Over-Collateralization (MVOC), for instance, at the BB tranche level, is calculated by dividing the collateral MV by the sum of CLO liabilities (AAA to BB). MVOC is a crucial point-in-time metric for pricing CLO-rated tranches, closely monitored by primary and secondary market participants. If you’re interested in learning about the pricing for premium content, please don’t hesitate to email me at info@clopremium.co.uk. https://lnkd.in/egUn6QDE

#AMC AT THE BELL! https://lnkd.in/g2RgtCuc Disclaimer: The opinion expressed here is not investment advice – it is intended for informational and entertainment purposes only. All trading and investing involves risk, so you should always perform your own research and seek professional advice before making decisions. #AMC #APE #HYMC #GME #RIPPLE #XRP #MOASS #SHORTSQUEEZE #MULN #HEDGEFUNDS #MOVIES #THEATERS #BASISTRADE #STOCKMARKET #TRADING #MEMESTOCKS #TAYLORSWIFT #STOCKS #BONDS #GOLD #SILVER #AI #SPX #CRE

✅Great leadership by NSW Minister Jihad Dib and QLD deciding to take the lead on driving this national competition reform, which will benefit people selling and buying homes across Australia. Encouraging to see these leading States working to deliver competition in this monopoly market. #competition #econveyancing Sympli

With all the new changes coming to the existing competition and consumer protection landscape in the UK, #TeamSPB highlights what employers need to know about the DMCC Act!

Some years ago when I was the Chief Compliance Officer at UBS, I was meeting with the CEO, Sergio P. Ermotti when he told me he thought it was time for me to stand down. At a time when the average tenure for a CCO at a systemic bank was 26 months, I'd been the CCO for five years and it was, as he put it, "time to put some fresh troops onto the battlefield." And it had been quite a battle - the aftermath of the financial crisis, Libor, fx, a rogue trader. Sergio wasn't asking me to leave the bank - he had another, arguably better, job for me - GC of UBS's amazing wealth business. But he knew that both I and the bank needed a change. I made the trade. I was glad I did. In our world, we talk a lot about grit, determination, perseverance, resilience. Indeed, I often say to incoming CCOs whom I am coaching that resilience may be the most important factor in their future success. But equally, although I’m not much of a gambler, as the great Kenny Rodgers said, “you've got to know when to walk away, know when to run”. Hopefully, you'll know yourself when it is time to go. If not then you have to hope that good friends and colleagues nudge you in the right direction at the right time. #compliance #biden #chiefcomplianceofficer

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