Freshfields elects new management

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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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Sullivan & Cromwell backs winning horse in race for AT&T

Sullivan & Cromwell’s snub of regular client Vodafone has resulted in the US firm backing the winning horse in the race to acquire AT&T Wireless. Cingular Wireless has won the auction of AT&T Wireless with a $41bn bid. Cingular is a joint venture between BellSouth and SBC Communications. Sullivan & Cromwell advised SBC Communications and […]

…as SFO drops £10m action

After racking up at least £10m in legal fees, the Serious Fraud Office (SFO) has abandoned a case after being told of a crucial legal point that lawyers argue it should have been aware of from the outset. The case centred on SFO claims that marine insurance contracts sold to Scottish fishermen were invalid as […]

Scottish Re scores Royal & SunAlliance heavyweight

The UK arm of Bermuda-based life reinsurer Scottish Re has appointed George Scott as its first ever in-house lawyer. Scott, previously a corporate legal adviser at Royal & SunAlliance Insurance Group, is set to join Scottish Re Holdings as legal counsel this Wednesday (18 February). During his time at Royal & SunAlliance, Scott was primarily involved in around 15 […]

Cadwalader boosts New York, London offices

Cadwalader Wickersham & Taft has boosted New York and London with the addition of five special counsel. Justin Bickle, Yvette Croucher and Tony Horspool will bolster financial restructuring in London, while in New York real estate attorney Michael Kavourias and healthcare, not-for-profit attorney Pamela Landman have been appointed.

Townsend and Townsend and Crew reveal San Francisco merger

US firm Townsend and Townsend and Crew is to merge with litigation boutique Legal Strategies Group (LSG). Six partners and a total of 12 lawyers will join the San Francisco branch of Townsend, a 150-lawyer IP and litigation practice, which also has offices in Seattle, Denver, Palo Alto, San Diego and Walnut Creek, California. “This […]

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