Olswang freezes NQ salaries; other assistants see raises

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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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BLP raises salaries by maximum of 6 per cent

Berwin Leighton Paisner (BLP) has raised its associate salaries by a maximum of six per cent. The City law firm has upped salaries for those with one year’s post qualification (PQE) experience from £66,000 last year to £70,000. Meanwhile, second year PQE has jumped by 4 per cent to £75,000 and third year PQE by […]

Separated at birth

Seconds out! This week we have Walter Reed (Edwards Angell Palmer & Dodge) versus Ike Broflovski (South Park). With Edwards Angell gearing up to open offices in Asia, managing partner Walter Reed has less time on his hands to play the part of Canadian cartoon character Ike Broflovski from hit show South Park. Just four […]

Sovereign wealth: Elite clients for elite firms

Big-ticket private equity deals may be gone for now, but last year a raft of sovereign wealth funds from Asia and the Middle East began pumping money into foreign investments, providing much-needed cash injections amid the ongoing credit squeeze. Investments from funds such as Singapore’s Temasek and the Abu Dhabi Investment Authority (ADIA) have advanced […]

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