A&O, Macfarlanes act on publisher sale

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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

Lovells rebuilds in Germany with Luther raid

Lovells has finally moved to rebuild its German securitisation practice with the hire of a three lawyer team from the Ernst & Young associate firm Luther. Partner Sven Brandt starts at the firm in August and brings with him Isabelle Knoché-Hess, who joins as of counsel, and associate Richard Reimer. Brandt said: “There is a […]

Rumours of a US invasion may be exaggerated

Lateral movement may be good for the headhunters but it is bad news for law firms; and rumours abound of impending US arrivals in Iberia. Madrid may already be awash with English firms – 13 of the top 20 London firms have a presence, with Bird & Bird the most recent arrival – but among […]

Allen & Overy puts Japan arm on trial

Allen & Overy (A&O) is conducting a wholesale strategic review of its underperforming Tokyo office. The magic circle firm’s management will meet to discuss the Tokyo arm in an attempt to establish a consensus on its future direction. Options that will be considered include closing the office or scaling it back. Another possible scenario might […]

Weil Gotshal boosts NQ salary to £75,000

Weil Gotshal & Manges has joined the swathe of US firms out-paying their UK rivals, increasing associate salaries in London by up to 20 per cent. The New York firm will increase newly qualified (NQs) salaries in the UK by 20 per cent from £62,500 to £75,000. This compares with the benchmark of £55,000 for […]

A&O and CC lose appeal over hunting ban

Allen & Overy (A&O) and Clifford Chance have today lost the fight to have the Government’s ban on hunting reversed. A&O was acting for the Countryside Alliance and Clifford Chance for a number of individuals claiming that their livelihoods were affected by the ban. This morning (23 June) the Master of the Rolls and Lords […]

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