NGJ closes in on US merger with Kirkpatrick & Lockhart

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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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Herbert Smith cuts fees by 40 per cent for massive IMS deal

Herbert Smith has taken a massive cut in fees to advise on an epic three-year data privacy programme, which it considers a model for international data compliance projects. Herbert Smith IT partner Christopher Rees has advised healthcare information market leader IMS Health for more than 10 years, but still reduced its fee rate by 40 […]

The keys to success

In a dramatic move into the 21st century, the Law Society has decided to introduce online voting for the next round of Law Society Council elections. The society described the shock development as an “innovative approach”, reassuring web-wary solicitors that the voting system “uses encryption and other security measures to protect against hacker attacks”. Now […]

BellSouth general counsel departs

BellSouth Corporation’s general counsel has quit the Fortune 100 telecoms group, to be immediately replaced by two vice presidents in the legal department. The company said that general counsel Charles Morgan has left for personal reasons. It was recently reported that Morgan was arrested in May on one account of battery on his wife and […]

Skadden rainmaker makes move down under

Skadden Arps Slate Meagher & Flom has drafted in one of its most senior New York-based corporate partners to its Australian office in a bid to bolster the Asia Pacific practice. Christopher Kell, who has been with Skadden Arps for 20 years, has relocated to the 15-year old Sydney office, doubling the partner count to […]

MCI gets its man for EMEA post

Recovering telecoms giant MCI has finally appointed a new general counsel for Europe, the Middle East and Africa (EMEA), 10 months after former chief Stuart Blythe left for Viatel. Xavier Dedullen, the general counsel of Carrier1 International, will take charge of a legal team that has been decimated by recent departures. Acting legal head and […]

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