Cannes retreat brings Herbies’ international strategy into focus

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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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CC and Slaughters scoop £8.8bn Thomson-Reuters deal

An elite roster of City and Canadian firms have been drafted in to advise on Thomson’s £8.8bn takeover of Reuters. Reuters has turned to its longstanding corporate adviser and panel firm Slaughter and May, which is fielding a team led by veteran corporate partner Nigel Boardman. The combined company, which will be known as Thomson-Reuters, […]

Financial Services: New tricks

New rules are set to shake the financial services market, giving smaller companies a chance to break into EEA business and set their own agendas. By Tony Woodward There are only six months to go until the Markets in Financial Instruments Directive (MiFID) is implemented in the UK. The majority of banks and larger investment […]

Former Freshfields partner joins Reed Smith to elevate finance offering

Finance partner Rex Rosales is set to join Reed Smith Richards Butler after announcing his departure from Freshfields Bruckhaus Deringer two weeks ago. Rosales is to play a role in expanding Reed Smith’s asset finance and securitisation team, according to head of finance Nola Beirne. Beirne said the team, which consists of 19 finance partners, […]

Jones Day fights French headhunter fee ruling

Jones Day has become embroiled in a bitter five-year dispute with a French headhunter, which has involved allegations of harassment and threatening behaviour. Eric Ohayon successfully sued Jones Day in a French court for E60,000 (£41,000) in October 2006 for breach of contract, having originally demanded E233,000 (£159,000). The firm is now appealing the judgment […]

CC closes Padua office

Clifford Chance has shut down its seven-lawyer Padua office, the smallest in the firm’s network. The lawyers have all been offered positions in the firm’s Milan and Rome offices. The office in the northeast of Italy had originally been the focus for major clients in the region such as Generali. However, after Padua managing partner […]

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