Gianni Origoni signs up former Clifford Chance tax ally

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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 […]

Recommended

Law Society considers training contract shake-up

The Law Society’s council has given the green light to a plan that could spell the end of the two-year training contract period for trainees solicitors. At the council’s quarterly meeting, convened last week, a draft statement on the long-running Training Framework Review, begun in 2001, was approved, which aims to bring flexibility into the […]

Linklaters smashes ceiling on NQ salaries

Linklaters has become the first magic circle firm to break the £50,000 benchmark for newly qualifieds’ (NQ) salaries. The firm is upping new lawyers’ pay-packets to £51,000, which is part of a firmwide 2 per cent increase in all lawyers’ salaries. For example trainees will now be paid £29,100. The increases affect all lawyers bar […]

The power of two

Partnerships are not just about individuals. The bigger picture is partnerships between law firms. Peter Scott assesses why so many of these alliances fail

Clementi response draws a blank as Law Society Council fails to decide

The Law Society Council last week rejected proposals to divest professional legal bodies of regulatory powers, but was unable to agree an alternative model. The council’s principal concern was a desire to preserve the independence of the legal profession, with a clear separation from government. In a vote at the end of the debate, held […]

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