Bird & Bird boosts Paris with government antitrust hire

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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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The work-life quiz: James Blendis

What was your first-ever job?Pianist in a piano bar called Gershwins. What was your first-ever job?Pianist in a piano bar called Gershwins. What was your worst experience as a trainee?Anything involving a data room. Where’s the best place to go if you want to find out what’s really going on in the office?Local pub for […]

Lawyers warn of no quick planning fix

The City’s planning lawyers have viewed the latest attempts to simplify the UK’s complex planning system with optimism, but warn that there will be no overnight fixes. The 200-page interim report into the cumbersome system, prepared by economist Kate Barker, details the economic problems businesses face when seeking to develop land, while also acknowledging that there are […]

Microsoft appeals EC fines as GC demands clarity

Microsoft general counsel Brad Smith has stated his intention to appeal the European Commission’s €280m antitrust fine, and called for more clarity from the Commission. Microsoft believes that it has complied with the EC’s requirements and has been left in the dark about how it can comply. Smith told assembled journalists at a news conference: […]

Revised figures drag SJ Berwin PEP over £700k

SJ Berwin’s average profit per equity partner (PEP) figure has been bumped up to above the £700,000 mark following accounting revisions to take into account FRS5 and work in progress (WIP). The accounting adjustments have seen the silver circle firm’s PEP pushed up to an average £711,000, up 6 per cent rise on the firm’s […]

Tesco dumps DLA in favour of Hammonds

Hammonds has ousted DLA Piper Rudnick Gray Cary from its role as supermarket giant Tesco’s main employment law adviser. The firm’s Leeds employment head, Mark Shrives, led a national team of lawyers bidding for the work against DLA Piper and a number of other firms. Shrives described the appointment as “extremely exciting”, adding: “We were […]

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