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The Brazilian Senate approved last week the final text of the bill for a new public procurement general law (“New Public Procurement Law”), which will substitute Law nº 8,666/1993. The final document will now be submitted to the Brazilian president for signature and/or vetoes.

Baker McKenzie and the Financial Times co-created a podcast series, the FT Big Deal, to examine the trends behind complex cross-border transactions. In this four-part podcast series, Baker McKenzie lawyers are joined by industry thought leaders to discuss the key developments and issues shaping the future of global transactions. Subscribe: Apple | Spotify | Google Episode 4: ESG…

With Judgment No. 1455 dated 17 February 2021 the Council of State upheld the decision of a contracting authority not to award a public tender for the supply of antiseptics and disinfectants where the only valid offer was found to have a value higher than that identified through a comparative survey of the prices of goods in the healthcare sector.

A wide-ranging review of the UK Listing Regime by Lord Hill was published on 3 March (click here for a copy), timed neatly to coincide with the Budget. The aim is to radically improve the competitiveness of UK as a listing venue and is part of Rishi Sunak’s Big Bang 2.0 for the City. Some of the proposed rule changes would require primary legislation by the Government and the current timeframe for that is uncertain. However, a large number of the key recommendations are aimed at the FCA and the FCA has stated that, subject to consultation feedback and FCA Board approval, it will seek to make relevant rule changes by late 2021.