Latest Briefings

CBI confirms details for taxonomy regulation and SFDR level 2 fast track processes

On 15 November 2021, the Central Bank of Ireland (“Central Bank”) issued a Notice formally confirming its intention to establish a fast-track filing process and also clarified the filing requirements for pre-contractual documentation updates in relation to the Taxonomy Regulation (“TR”) and Sustainable Finance Disclosure Regulation Level 2 measures (“SFDR L2”). The TR requirements will […]

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Penelope Warne

CMS delays salary reviews but holds off furloughing

CMS has delayed partner profit distributions for the year 2019/20 to the autumn, the last among the biggest international firms to announce financial management measures to tackle the Covid-19 crisis. Distribution for the last financial year were meant to happen in July, but will be instead delayed until an unspecified time between late autumn and […]

DWF Manchester

DWF secures further £15m credit from lenders

DWF has managed to increase its existing revolving credit facilities, securing a further £15m to weather the worst of the Covid-19 crisis. The new funding solution is part of an agreement with lenders struck almost a month after the listed firm braced its investors on the impact of the coronavirus on its business, highlighting that […]

new job

PE house Oakley fills head of legal role with Simpson Thacher hire

Private equity firm Oakley Capital has brought in a Simpson Thacher & Bartlett associate as its new head of legal. The firm has hired Aaron Kienwald, who will lead on funds-related matters relating to its €3bn- worth asset portfolio. Kienwald spent almost five years in the London private equity funds practice of the US firm, […]

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