‘Linklaters Three’ resurface at Portuguese independent Rui Pena

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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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Howrey banks on Brussels stars for City antitrust relaunch

Trevor Soames is a busy man. He heads Howrey’s EU competition practice, is co-managing partner of its Brussels office and has now just taken over the top job at the firm’s London office, albeit temporarily. Oh, and he has just broken his leg while paintballing with his son. “Trevor will be hopping between Brussels and […]

Byrne in the USA: Latham protected by US reach

Latham takes credit crunch hit in its stride The latest criticism levelled against Latham is that it may be more exposed to the negative effects of the credit crunch than many of its rivals because of its large debt finance practice. As one New York partner put it last week: “Latham has done an excellent […]

Camerons reunites insurance group

CMS Cameron McKenna has rejoined one half of its insurance group to the other in its new City offices in Leadenhall Street. The team was separated when Camerons opened for business there in July 2006 in a bid to be closer to the insurance markets. The move fits in with the firm’s new sector-focused strategy, […]

Cadwalader ditches City managing partner role

Cadwalader Wickersham & Taft has scrapped its London managing partner role, leaving the UK office with no representation on the firm’s global executive committee. The move came after restructuring expert and former managing partner Andrew Wilkinson left the firm three months ago to join investment bank Goldman Sachs as co-head of restructuring. The firm has […]

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Nabarro joins 100 per cent trainee retention club

Only Cleary Gottlieb Steen & Hamilton, Ince & Co, Jones Day, Nabarro and Shearman & Sterling boasted trainee retention rates of 100 per cent, according to research conducted by Lawyer 2B. This is a dramatic improvement for Nabarro, which last September retained just 47 per cent of its September qualifiers. In stark contrast, Osborne Clarke’s […]

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