Burges Salmon steers MoD through record £2.5bn PFI deal

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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

Ashursts concentrates power in fewer hands

Ashurst Morris Crisp has reviewed its management structure to create a streamlined and more democratic partnership board. Ashursts has a rather cumbersome 12-person partnership board. Senior partner Geoffrey Green said the firm “wants [it] to get significantly smaller”.It is made up partly of directly elected partners and partly of partners who represent constituent areas of Ashursts. Green said […]

Advisers clamour for WorldCom’s $150m

The bunfight for fees on the WorldCom restructuring has begun, with lawyers battling over their share of an estimated $150m (£89.6m) in costs. The telecoms group, which has since rebranded as MCI, this month saw its reorganisation plan approved by a New York judge after 15 months of fraught negotiations. As counsel to the official creditors […]

Landwell’s former Dutch arm seals Van Doorne merger

Landwell’s former Dutch firm has sealed a merger with independent Netherlands firm Van Doorne. Landwell will jettison two of its three Dutch offices, concentrating its activities in Amsterdam. It is unclear what will happen to lawyers based outside the Dutch capital. Van Doorne’s London, Curacao and Aruba offices will be unaffected. The newly merged firm […]

Beachcrofts votes for veteran management

Beachcroft Wansbroughs’ managing partner Bob Heslett has been unanimously re-elected by the partnership, extending his leadership until 2006. Heslett, who has managed the firm since 1998, stood unopposed. Last December, Beachcrofts’ veteran senior partner David Hunt was also re-elected as head of the national firm for a period running until April 2006

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