Ashurst: PEP rises as turnover stalls

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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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US national firms under threat as big-paying NY elite eye partners

Gibson Dunn & Crutcher tops national firms’ PEP figures as multi-office running costs hit financial performance US national giants risk losing their leading partners to the Manhattan elite after figures revealed that they are falling far behind in terms of partner remuneration. While Baker & McKenzie (B&M), Jones Day, Latham & Watkins and Sidley Austin […]

Coudert loses French public policy head

Beleaguered Coudert Brothers has lost its public policy head in France to French independent Ginestié Magellan Paley-Vincent. Catherine Jeancolas joins former DLA ally Ginestié to create a public policy department. She joined Coudert from Willkie Farr & Gallagher in 1998. Ginestié is also bringing on board another former Coudert lawyer to head up its litigation […]

Olswang hires turn focus on Reading

Olswang hires turn focus on Reading” />Olswang has vowed to ramp up its Thames Valley office with the hire of its first chief executive and the recruitment of Microsoft UK’s key outside counsel. The firm has hired Paul Wilson, the chief executive of Birmingham barristers’ chambers St Philips, to run its Reading operation. The firm […]

Bird & Bird wraps up Kit-Kat win for Nestlé

Bird & Bird and Nestlé’s in-house team have secured a landmark victory in the European Court of Justice (ECJ). Following a 10-year legal battle over the registration of the Kit-Kat slogan ‘Have a Break’, the ECJ ruled in favour of Nestlé on 7 July and said the slogan can be registered. As first reported on […]

Kramer Levin in Paul Hastings raid

Berwin Leighton Paisner‘s (BLP) US alliance partner Kramer Levin Naftalis & Frankel has raided rival US firm Paul Hastings Janofsky & Walker to hire a team of land use specialists. The six-strong group, which is moving to Kramer Levin’s New York office, comprises partner Paul Selver, counsel Elise Wagner, special counsels Valerie Campbell and Jeremiah Candreva, associate Sheila […]

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