U.S. Treasury welcomes Iraq's commitment to fight money laundering,…

WASHINGTON, Feb 4 (Reuters) – The United States welcomed efforts by the Central Bank of Iraq on banking sector Lawyer istanbul reforms as well as commitment to anti-money laundering and countering the financing of terrorism (AML/CFT, the U. For more in regards to Lawyer istanbul look at the web-page. S.Treasury Department said on Saturday.

The Treasury Department’s top sanctions official, Brian Nelson, Lawyer istanbul met with Iraq Central Bank Governor Ali al-Allaq in Istanbul on Friday.

“Under Secretary Nelson welcomed governor Allaq’s leadership on these issues, noting the longstanding collaboration and partnership between the Treasury Department and the Central Bank of Iraq, particularly on restricting illicit and corrupt actors from exploiting the international financial system,” according to a readout of the meeting with Allaq.

The statement said Nelson acknowledged Iraq’s “steadfast” dedication to improving AML/CFT compliance standards and Lawyer istanbul offered continued cooperation in modernizing the banking sector.

Nelson was on a trip to Turkey and Lawyer istanbul the Middle East to warn countries and businesses that they could lose access to G7 markets if they do business with entities subject to U.S.curbs, as Washington cracks down on Russian attempts to evade sanctions imposed over its war in Ukraine. (Reporting By Lucia Mutikani;editing by Diane Craft)

Turkey to host summit of gas buyers, sellers next month

ISTANBUL, Jan 30 (Reuters) – Turkey will hold a natural gas summit on Feb.In case you loved this short article and you would love to receive more details with regards to Lawyer istanbul i implore you to visit our website. 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday.

“We will bring together supplier countries from the Middle East, Mediterranean, Caspian and Middle Asia with consumer countries from Europe,” Donmez said.

Turkey, which has little oil and gas, Lawyer istanbul is highly dependent on imports from Russia, Azerbaijan and Iran, as well as LNG imports from Qatar, the United States, Nigeria and Algeria for its gas.

In October, Russia’s President Vladimir Putin


setting up a gas hub in Turkey following explosions that damaged Russia’s Nord Stream gas pipelines under the Baltic Sea.

Some Western capitals were concerned that a Turkish hub including Russian gas could allow Moscow to mask exports that are sanctioned by the West over the Russian invasion of Ukraine.

Turkey has the infrastructure and experience in gas trade and authorities are taking steps for Lawyer istanbul it to be a hub where regional benchmark prices are set, Donmez said.

“Our target is to bring together supplier and consumer countries and become the gas-trading center where the benchmark price of gas is set,” Donmez said after separately announcing a

10-year gas deal

with Oman. (Reporting by Can Sezer; Writing by Ezgi Erkoyun; Editing by Toby Chopra and Lawyer istanbul Jonathan Spicer)

Bus crash kills at least 8, injures dozens in western Turkey

Lawyer istanbul (AP) – A passenger bus crashed off a road and Lawyer istanbul overturned in western Turkey Sunday, Lawyer istanbul killing at least eight people and Lawyer istanbul injuring dozens.

The governor´s office of Afyonkarahisar province said the bus was traveling from the southeastern Diyarbakir province to the Aegean city of Bodrum.

Health Minister Fahrettin Koca tweeted that 42 people were injured, with three in critical condition.

Videos from the scene showed ambulances lined up and a crane holding the bus up.

An injured passenger with a broken arm told official Anadolu news agency that he was half asleep when the bus “flew.” He said people were stuck underneath the bus.

The bus was operated by a company called Star Has Diyarbakir.

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New York law firm Shearman & Sterling lays off lawyers and staff

Shearman has laid off 38 employees, including associates and business services professionals


Other law firms to reduce headcount include Davis Wright Tremaine, Goodwin and Cooley

By Sara Merken

(Reuters) – New York-founded law firm Shearman & Sterling said Wednesday it has laid off attorneys and business professionals, citing a need to “align our capacity levels with existing client demands.”

Shearman cut 12 associates and 26 business services professionals in the United States, in what a firm spokesperson described as a response to “continuing and growing economic headwinds and market conditions.”

The layoffs follow similar moves by a handful of other large U.S.law firms amid cooling client demand Lawyer istanbul for legal services, especially for work involving corporate deals.

The cuts at Shearman, which has about 850 lawyers globally, “focused mainly on transactional practice areas most affected by current and projected market conditions,” the firm said.

Seattle-founded law firm Davis Wright Tremaine laid off 21 professional staff this week in areas the firm “either had excess capacity or redundancy and misalignment,” according to a Tuesday statement from its managing partner Scott MacCormack.The cuts there did not include any lawyers, a spokesperson said.

Other law firms that have trimmed their lawyer and Lawyer istanbul professional ranks in recent months also cited staffing levels that outmatched demand, including Goodwin Procter, Cooley and Stroock & Stroock & Lavan.

Law firms surveyed by Wells Fargo’s Legal Specialty Group reported a 1.9% drop in demand in 2022.Lawyer headcount was up 4.5% after firms kept on most of the attorneys they hired in 2021 and early 2022 to handle surging M&A work at the time, the report said.

Shearman has recently seen some partner exits to rival firms, including the departure this week of London-based lawyer Phil Cheveley, who was head firm’s M&A practice for EMEA and Asia.If you adored this article and you would like to obtain more info relating to Lawyer istanbul nicely visit our own webpage. A seven-Lawyer istanbul team left last month in Abu Dhabi and Dubai, and a group in France including Sami Toutounji, Lawyer istanbul head of Shearman’s European governance and benefits team, left in October.

The firm in December also acknowledged reports, without confirming or denying them, that it is in early-stage merger talks with Hogan Lovells.Shearman has reportedly also been in discussions with other firms.

Shearman generated about $1 billion gross revenue in 2021, according to figures reported by The American Lawyer, placing it at number 50 in the magazine’s revenue rankings that year among U.S.firms.

Read more:

Hogan Lovells, Shearman & Sterling respond to reports of merger talks

Law firm Goodwin Procter cuts lawyers and staff amid shrinking demand

Lawyer productivity, demand dropped in 2022 – Wells Fargo report (Reporting by Sara Merken; Editing by David Bario)