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Neil Robson Discusses Downside in Anti-Corruption Rules

Firm News | May 21, 2018

Financial Services partner Neil Robson spoke with the Financial Times on "feeling the pinch" of recent regulations involving corporate entertaining. The article notes that recent regulations, such as the 2010 Bribery Act and the revised Markets in Financial Instruments Directive (MiFID II), have had a significant impact on hospitality, particularly in the financial sector. Neil stated, "I would've loved to take clients to [events like the] Chelsea Flower Show—these are people I've had relationships with for 10 or so years. But these days it's impossible frankly. Regulated financial services firms across the board are finding it difficult to accept any [invites]." ("Chelsea Flower Show Feels the Pinch of New Anti-Corruption Rules," May 19, 2018)

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