A&O comms chief quits

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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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Trainees: the new must-have

If an increasing number of US firms are resorting to hiring trainees, then there really must be a recruitment crisis. With the dollar fading in value and UK firms catching up on pay, there really is nothing else for it. The Americans have to recruit at trainee level. While second-tier US firms can pick off […]

Taxing times

New rules drafted to combat real estate tax fraud seem to do no more than line the taxman’s pockets, warn Alberto Baeza and Álvaro de la Vía Tax reforms are always welcomed, no doubt especially when seeking to avoid tax fraud schemes. But whenever tax reform is not totally balanced, a zero-sum approach seems to […]

CC boosts Beijing with Jones Day hire

Clifford Chance has hired Jones Day partner Bruce Schulberg as a partner in its Beijing corporate finance team. Schulberg, who joined Jones Day as a lateral hire from Orrick Herrington & Sutcliffe in 2003, is US qualified and has spent 15 years in Asia focusing on project finance and cross-border investments. During his time in […]

Web week

Vienna played host to the world’s first divorce fair. Law blog Quiz Law (www.quiz law.com) says the fair comes just in time, as Vienna has one of the highest divorce rates in the Western world. Apparently half of all marriages in Austria and two-thirds of marriages in Vienna never get to the ’till death do […]

Crossley has a lot on his plate

Tulkinghorn was surprised to hear that Hammonds managing partner Peter Crossley is starring on the next series of Celebrity Masterchef. Crossley may be a bit of a star in the legal world, but it would be odd to see him lining up with Midge Ure and Sally Gunnell cooking up a feast. But Tulkinghorn should […]

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