And then there were three: CC sees another West Coaster depart

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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

More partners set to quit CC in Rome

Clifford Chance’s Italian operation is facing another period of upheaval as a third of its Rome office prepares to leave. Corporate experts Gian Luca Rabitti and Paolo Tommaso are understood to be in advanced talks with Chiomenti Studio Legale. However, at the time of going to press, no formal resignations had been tendered. A Clifford […]

Freshfields overcomes conflict on Siemens deal

Freshfields Bruckhaus Deringer advised Siemens Business Services on its £2bn sale and outsourcing deal with BBC Technology despite conflict of interest concerns raised by senior partner Anthony Salz’s position as vice-chairman of the broadcaster. Siemens appointed Freshfields in May and Salz was appointed in August. The deal concluded last week. “It was agreed with the […]

Law Society president details vision for reform

The President of the Law Society will warn today that solicitors face “the most far-reaching reform of the profession in decades”. Speaking at the Law Society annual conference, Edward Nally will say that: “The Law Society Council has mapped out a vision,” for reformation of the way the profession is governed and represented. The changes, […]

Collyer-Bristow opens its first ever overseas office in Geneva

Holborn-based Collyer-Bristow is set to launch its first overseas office in November when the firm opens for business in Geneva. The firm has a number of existing client relationships in Switzerland, including Philip Morris – one of a number of major corporates to have their international headquarters in the region. Although a handful of US […]

BLP and FFW both land new hotel sector clients

Berwin Leighton Paisner (BLP) and Field Fisher Waterhouse (FFW) have scored a client win apiece in the hotels sector. BLP advised property manager Marylebone Warwick Balfour (MWB) on its acquisition of the Hotel Du Vin hotel chain for £66.4m in its first direct instruction from MWB. The deal follows work that BLP undertook for boutique […]

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