Allen & Overy scoops Olympic contract for 2008 China games

Allen & Overy has scooped the first piece of work on the 2008 Beijing Olympics, beating more than 100 local and international firms which applied

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Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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Lovells’ new offices have given Tulkinghorn more than a few reasons to smile of late. First there was a giant sculpture that was almost too big to fit in the atrium, then those vending machines with those, erm, condoms, in the loos – shocking business. And in the name of good reportage, Tulkinghorn has now […]

E&Y's Madrid office gets labour law partner

Garrigues labour law partner Mario Peña has joined Ernst & Young Abogados in Madrid. Peña joins the accountancy-tied practice with a senior associate from Garrigues and will work alongside Ernst & Young’s head of labour law Miguel Angel Arcaraz. Peña is a specialist in restructuring within labour law.

Herbert Smith boosts Gleiss tie in £260m Johnson Matthey deal

Herbert Smith has galvanised its alliance with Gleiss Lutz after persuading Johnson Matthey to use the German firm for its £260m acquisition of ICI’s catalyst business Synetix.The deal, which is part of ICI’s drive to reduce its £2.3bn debt mountain, required both German and Indian legal expertise as the transaction also included the disposal of […]

Powers quits JP Morgan

Averill Powers, the former UK general counsel of JP Morgan Chase, has mysteriously left the bank A JP Morgan spokesperson said that Powers had left to “pursue other opportunities”. The spokesperson added that the bank did not know whether Powers had taken up another post.Powers was UK general counsel at JP Morgan until the bank’s […]

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