Eversheds set to sanction full profit sharing between offices

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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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Oppenhoffs hires Punders partner

Linklaters’ German alliance firm Oppenhoff & Radler has poached a Clifford Chance Punder partner to help set up its new white collar crime department. Kai Hart-Haenig left Punders’ Frankfurt office to establish the new department, which will be based in Munich. Three partners are moving departments to work under Hart-Haenig. Klaus Saffenreuther and Karl Wach […]

Freshfields lures Belgian tax expert

Freshfields has taken Loeff Claeys Verbeke’s head of tax in an attempt to boost its Belgian practice. Axel Haelterman joins as a partner after more than 12 years at the leading Belgian practice. He is regarded as one of the country’s leading tax practitioners and is a professor of tax law at the University of […]

Rakisons' merger talks break down

Merger talks between City firm Rakisons and US firm Leboeuf Lamb Greene & Macrae have broken down following last week’s departure of Rakisons’ head of telecoms (The Lawyer, 7 February). The talks had reached “advanced stages”. It is understood the firms had exchanged financial information. Sources say that Leboeufs has been looking for a telecoms […]

Changing chancery

The chancery bar has seen a dramatic change in recent years as it takes on an increasing amount of traditional commercial work. Fenella Quinn reports. Dust off your gowns, fluff up those wigs and for goodness’ sake buy a proper pen, all of you in chancery – you’re going to find yourselves in hot demand. […]

TJG and Osborne Clarke survive Lucent panel cull

Taylor Joynson Garrett and Osborne Clarke have won places on Lucent Technologies’ dramatically reduced panel. The telecommunications giant, which first announced its plans to slash its panel from 10 firms to between three and four last year (The Lawyer, 23 August 1999), began hearing presentations from firms in November. But it is believed that only […]

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