Fried Frank finalises French merger

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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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Hammonds, Nortons and Berrymans picked to advise Falconer

Lord Falconer, the Lord Chancellor, has bolstered the panel advising him on legal services and legal education with the appointment of four practising solicitors. Norton Rose competition head Martin Coleman, Hammonds’ commercial litigation chief Robert Elvin, and Berrymans Lace Mawer partner Valerie Jones have all been appointed to the Legal Services Consultative Panel. David Glass, […]

Kirkland hit by exit of restructuring star Sprayregen

US firm Kirkland & Ellis has been rocked by the departure of Chicago-based superstar and head of bankruptcy and restructuring James Sprayregen. Sprayregen, who has been with the US firm for 16 years, will leave the firm early next month (July) to join Goldman Sachs in a non-legal role. He will help lead the bank’s […]

Taylor Wessing storms ahead of PEP predictions

Taylor Wessing storms ahead of PEP predictions” />The UK end of Taylor Wessing has posted a 28 per cent rise in average profit per equity partner (PEP), becoming the latest mid-market firm to break the £500,000 barrier for partner remuneration. PEP in the UK last year rose from £404,000 to £510,000. Fee income also increased […]

Applebys and Bailhache Labesse set for merger

Offshore law firms Appleby Spurling Hunter and Bailhache Labesse are to merge on 1 September, creating a firm with six offices and more than 600 employees. Offshore law firms Appleby Spurling Hunter and Bailhache Labesse are to merge on 1 September, creating a firm with six offices and more than 600 employees. The new firm will be […]

Human rights take a beating as Egyptian president flaunts law

Despite promises of reform, the rule of law in Egypt is far from guaranteed. President Hosni Mubarak continues to suppress political opposition as he has for many years, and his opponents face intimidation and arrest. However, recent demonstrations in support of two judges whose calls for judicial independence and corruption-free elections have angered the government […]

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