In-house teams keep more work

A survey just released by the American Corporate Counsel Association (ACCA) reveals that US in-house legal departments intend to cut spending on external lawyers and do more work themselves.

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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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Laundering law compromised

LAWYERS across the EU will be able to warn their clients that they are about to tip off law enforcement authorities over concerns that they are handling dirty money According to the final shape of long-debated reforms to the European Money Laundering Directive, client confidentiality will also be assured where lawyers are ascertaining a client’s […]

Akin energy ace plumps for Orrick

San Francisco firm Orrick Herrington & Sutcliffe is bulking up its Washington DC energy practice with the hire of a partner from Akin Gump Strauss Hauer & Feld. Merrill Kramer is currently chair of Akin Gump’s electric utility practice and joins Orrick’s global energy, communications and infrastructure practice group.Recent deals include: adv-ising the management group […]

2 Hare Court prepares for future law firm merger

Fraud and crime specialist set 2 Hare Court has taken the first steps to prepare itself for a future merger with a law firm. The set has appointed a chambers director as part of the financial restructuring plans that it believes may be necessary for establishing formal ties with a firm of solicitors.Although the chambers […]

Finers gets in on Virgin property instruction

Finers Stephens Innocent has advised Virgin Entertain-ment on the property aspects of its disposal of 77 Our Price shops to a UK subsidiary of Australian company Brazin.Around a further 20 Our Price shops are being sold elsewhere or rebranded as Virgin’s V shops. Of the 207 shops, all bar 97 have been rebranded. The sale […]

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