Alston & Bird lands IndyMac role

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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 […]

Recommended

Professional negligence: An uncivil action

A forthcoming Lords decision in the case of Moore Stephens v Stone & Rolls could well see auditors better protected from spurious claims. The case of Moore Stephens v Stone & Rolls (2008) first made headlines as the largest case involving third-party ­litigation funding. However, the recent Court of Appeal judgment of 18 June is […]

Met Police panel rejig sees 13 firms collared

The Metropolitan Police has overhauled its legal panel, with Bircham Dyson Bell, Burges Salmon and Eversheds among 13 law firms to win places. The firms will be tied into the panel for four years, with the value of the work they will receive estimated at up to £5m a year each. Met director of legal […]

Magic circle trio in on £26bn drinks deal

Three magic circle firms have scored plum roles on the financing of InBev’s $52bn (£26.12bn) acquisition of US drinks company Anheuser-Busch, the makers of ­Budweiser beer. Allen & Overy (A&O) secured bank mandates advising BNP Paribas, Deutsche Bank and JPMorgan on Anheuser-Busch’s financing. London partner Melissa Samuel led the firm’s team. Clifford Chance London partner […]

Correction

In last week’s issue of The Lawyer (14 July), a feature entitled ‘Closing time’ stated incorrectly that Candu Entertainment is, or was, the operator of the Po Na Na family of bars. As a spokesman for Eclectic Bars pointed out: “Po Na Na and its associated bar brands Bondi, Embargo, Sakura and Fez are all […]

Simmons coordinates global bonus packages

Simmons & Simmons is rolling out a new bonus structure for all non-equity partners ;in ;a ;bid ;to ­harmonise remuneration across its global network.Salaried partners will now be given a reward of between 20 and 50 per cent of annual pay, depending on personal appraisals. Previously there were ­different bonus schemes in each of the […]

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