Discrimination law faces Govt review

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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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Bracewell & Giuliani launches in London with Cleary raid

The much-anticiapted launch of the London office of Bracewell & Giuliani has gone ahead after the Houston firm raided Cleary Gottlieb Steen & Hamilton’s City offering for two associates. Adam Mozel, an capital markets lawyer, has been made London managing partner of Bracewell, the firm of Republican presidential candidate Rudolph Giuliani. Mozel brings with him […]

FFW offers associate bonus as salaries come under scrutiny

Field Fisher Waterhouse (FFW) has rolled out its first-ever bonus scheme for associates and is in the process of reviewing its base salaries. Managing partner Moira Gilmour said a top performer can expect a bonus of around 10 per cent of salary. The bonus pool is based on firm profitability and is open to all […]

Mishcon de Reya boosts PEP by 70 per cent

Mishcon de Reya has smashed the mid-market trend for average profit per equity partner (PEP) with an astonishing 70 per cent increase on 2005-06 to £698,000. The Holborn firm also posted a record revenue of £39.1m, an increase of 35 per cent. Managing partner Kevin Gold said the figures were the result of large-scale investment […]

Freshfields loses another IP partner

Freshfields has lost its second European IP partner in as many weeks, after Matteo Orsingher quit the Milan office to set up his own practice. Orsingher Avvocati Associati will launch at the start of July with four lawyers, focusing on IP and IT advice. Freshfields Italy managing partner Raffaele Lener said: “We regret Matteo leaving […]

Weil hike sees newly-qualifieds pocket £90K

Weil Gotshal & Manges has made a bold play to reposition itself in the recruitment market by offering newly qualified lawyers an astonishing £90,000 annual salary. London associates now earn more than their counterparts in New York after a 20 per cent pay hike in London, although US associates get a guaranteed bonus starting at […]

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