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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

Music to their ears

There’s a party going on right here, a celebration that’ll last throughout the year. No, we’re not talking about at The Guardian. For ’here’, read rich kid Freshfields. The firm’s 2010-11 financial results, posted today (see story), show it is still leading the Magic Circle pack on that all-important and in no way manipulable measuring […]

Browned off at A&O

Allen & Overy, Farrer & Co, Harbottle & Lewis, Olswang. The roll call of law firms being dragged into the News International saga grows by the day. The Guardian’s latest revelations, which suggested that journalists from the Sunday Times had targeted the former Prime Minster to obtain information from his bank account, prompted some bafflement […]

2

Firms vie for spots as HSBC tees up Gulf panel review

HSBC is preparing to launch a review of its Middle East panel of external legal ­advisers, with firms due to pitch for the highly coveted places in September. Firms already on the regional panel include ­Eversheds and Trowers & Hamlins, while international firms tipped to be pitching include King & Spalding, Latham & Watkins and White & […]

12

Salaried partners asked to buy into SNR Denton

Non-equity partners in SNR Denton’s UK LLP are in the process of contributing between £10,000 and £20,000 to the firm ­following the September 2010 merger between ­legacy firms Denton Wilde Sapte and Sonnenschein Nath & Rosenthal. Non-equity partners on the US side of the firm have also been asked to ­contribute capital. Despite the fact […]

Quentin Poole

Wragges posts 28 per cent profit hike for 2010-11

Wragge & Co’s net profit rose by almost 28 per cent to £38.8m in the 2010-11 financial year, while average profit per equity partner (PEP) jumped 18 per cent to £325,000. The results come two months after the firm posted a 16 per cent rise in turnover for the 2010-11 financial year, from £96.2m to […]

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