Eversheds and Nabarro lead on Yoplait 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 […]

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Resolution takeover prompts Pearl cuts

Insurance group Pearl is cutting back its legal function following its £5bn takeover of rival Resolution. The company is currently undergoing a redundancy consultation with lawyers in its life assurance arm, with the aim of reducing headcount from 13 to seven. Pearl has also appointed lawyers to head its united legal function, with Pearl’s pre-takeover […]

Tulkinghorn: The swot team

CMS Cameron McKenna associates sent to brush up on their skills at Goethe University in Frankfurt received more than they bargained for, Tulkinghorn hears. Rhythm is a dancerStepping into the limelight and slipping on his dancing shoes this week is Peter Ferbrache, recently appointed senior partner of offshore firm Ozannes. Ferbrache and his dance partner […]

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Focus: Dechert, Paradigm of virtue

Hard times, hard decisions – they’re like food and drink to Bart Winokur, the chairman of US law firm Dechert. And despite several rounds of layoffs, he’s looking forward to eating the recession for breakfast Late last month, on Thursday 26 March, US firm Dechert unveiled its most significant round of cost cutting so far […]

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Wragges promotes just one in this year’s round

Wragge & Co has made up just one lawyer to its partnership this year, a fall from last year’s total of nine. Regulatory litigation specialist Andrew Litchfield will become a partner with effect from 1 May, becoming the eleventh commercial litigation partner at the firm. Senior partner Quentin Poole (pictured) said: “Andrew’s an excellent lawyer […]

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Slaughters freezes salaries at 2008-09 levels

Slaughter and May has frozen staff salaries at this year’s levels, following similar moves by Clifford Chance and Freshfields Bruckhaus Deringer. Graham White The firm said wages for the 2009-10 financial year would stay at current levels for all employees because of “the difficult and uncertain” economic climate. Effectively this represents a pay cut for […]

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