Addleshaws nudges out Ashurst on Skanska PFI

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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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Nationwide unveils five firms for first panel

Nationwide Building Society has unveiled its first general panel, with places for Allen & Overy, Burges Salmon, Eversheds, Nabarro and Olswang. Nationwide Building Society has unveiled its first general panel, with places for Allen & Overy (A&O), Burges Salmon, Eversheds, Nabarro and Olswang. Eversheds won a place on the list despite being sued by Nationwide […]

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Hammonds PEP falls by 25 per cent

Hammonds has reported a 25 per cent drop in profits for the last financial year, from £367,000 to £276,000. Peter Crossley Hammonds has reported a 25 per cent drop in profits for the last financial year, from £367,000 to £276,000. The firm’s revenue dropped by 5 per cent in the same period, from £132m down […]

How Treasury work thrust publicity shy Slaughters into the spotlight

His £22m bill attracted all the wrong headlines, but Charles Randell has kept his cool. By Catrin Griffiths Charles Randell Over the past year Charles ­Randell has undone the work of his youth. The Slaughter and May partner advised HM Treasury on a series of deals to stabilise the entire ­financial system. In the process […]

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Balkans: Serb your enthusiasm

Serbian capital Belgrade has emerged as the heart of the legal community in the Balkans. But how is the region in general faring in the recession? Tom Phillips reports A great deal has changed in the Balkans over the past eight years. Serbia’s capital ­Belgrade – the former ­capital of Yugoslavia and once the military […]

Freshfields expands US litigation practice with BoA hire

Freshfields Bruckhaus Deringer has strengthened its nascent US litigation and arbitration group with the hire of the former deputy general counsel and director of litigation at Bank of America, David Onorato. Earlier this year the firm launched its US litigation practice after hiring a trio of partners from two leading US practices. Aaron Marcu and […]

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