Hammonds beats DLA to Vodafone’s pension work

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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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Burges Salmon steers MoD through record £2.5bn PFI deal

Burges Salmon has closed the largest-ever PFI deal for the Ministry of Defence (MoD), representing a massive boost for the projects team at the Bristol-based firm. The long-running £2.5bn Skynet 5 Private Finance Initiative represents six years of work for the Burges Salmon team. The firm was picked to advise the MoD in a 1997 tender. Shortly after, the MoD […]

3 Loses head of government and regulatory

Clare Gilbert (left), the head of government, public and regulatory affairs at third generation mobile operator 3, is to leave the company at the end of the year. Gilbert plans to move to Hamburg to spend more time with her husband, Stan Laurent, chief executive officer of AOL Germany. Gilbert has been with 3 for […]

Clintons, Manches in letter bomb scare

Clintons and Manches, two firms with high profile family law practices, have received suspicious and threatening packages in the post. The packages were addressed to solicitors in their family law departments. Clintons received an anonymous letter bomb, forcing the firm to evacuate staff from its Covent Garden headquarters today (19 November). “We confirm that our […]

Ashursts concentrates power in fewer hands

Ashurst Morris Crisp has reviewed its management structure to create a streamlined and more democratic partnership board. Ashursts has a rather cumbersome 12-person partnership board. Senior partner Geoffrey Green said the firm “wants [it] to get significantly smaller”.It is made up partly of directly elected partners and partly of partners who represent constituent areas of Ashursts. Green said […]

Kilpatrick in UK relaunch with Canary Wharf move

US firm Kilpatrick Stockton is set to become the fourth law firm to move to Canary Wharf, providing another boost to the site’s prospects. The Atlanta firm is understood to be on the verge of signing up for 28,000sq ft at One Canada Square, with rent at an estimated £42 per sq ft. The office […]

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