Big bucks to the fore as Lucas shuns Weil for Kirkland

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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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High Court rules that Richard III must be buried in Leicester Cathedral

The Government has successfully defended the judicial review claim brought by Leeds firm Gordons on behalf of the “descendants” of Richard III, meaning the remains of the last Plantagenet king will be buried in Leicester. In a judgment handed down this morning (23 May) Lady Justice Hallett and Mr Justices Ouseley and Haddon-Cave rejected the claim, […]

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Kirkland & Ellis raids Weil for banking star Stephen Lucas

Weil Gotshal & Manges banking chief Stephen Lucas is leaving the firm after three years for Kirkland & Ellis. Lucas joined Weil in 2011 from Linklaters, having also spent a number of years at Clifford Chance. He has strong links with Goldman Sachs and Citigroup, and as a junior lawyer spent time on secondment at […]

Does the partnership model matter?

Macfarlanes senior partner Charles Martin tackles the sector’s biggest white elephant this week: is partnership an idea on the brink of extinction?  That Addleshaw Goddard is reeling from a managing partner election shrouded in the 10-year legacy of a north-south merger and Pinsent Masons is preparing for a similar period of managerial uncertainty, highlights precisely […]

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DWF to take up residency in London’s Walkie Talkie

DWF is to move all 305 London-based staff, including 53 partners, from its two current London sites into the Walkie Talkie on 1 September. The Lawyer revealed that DWF staff would be moving from their current base at 85 King William Street to 20 Fenchurch Street in January (13 January 2014). DWF plans to lease […]

Final word on banking conduct remains with FCA and PRA, says Eversheds

Eversheds partner Andrew Henderson has said that the final word on banking conducts remains with the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), despite the launch of the UK Banking Standards Council. Henderson said: ‘The contents of the Banking Standards Review are not unexpected and its aims laudable. The extent to which […]

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