Kousetta’s sweat test

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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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Dewey & LeBoeuf closes Charlotte, grows Mid East

Dewey & LeBoeuf has announced the closure of its Charlotte office just as it plans to open two new bases in the Middle East. The 11-lawyer Charlotte office, which has suffered due to economic conditions, is set to close on 31 December. Earier this year the firm announced that it would close its offices in […]

Sullivan, Davis Polk in second AIG bailout

Sullivan & Cromwell and Davis Polk & Wardwell have secured roles on US insurance giant AIG’s additional $37.8bn (£21.77bn) funding. Sullivan chairman Rodgin Cohen is ­leading a team advising AIG, while Davis Polk partners Bradley Smith and Marshall Huebner are advising the US Treasury and the Federal Reserve Bank of New York. The move comes […]

Lovells hikes Paris financial litigation team

Lovells has hired a four-lawyer team from Simmons & Simmons for its financial litigation offering in Paris. The firm has hired banking and finance disputes partner Antoine Juaristi, who brings with him two senior associates and an associate. Lovells global disputes head Patrick Sherrington said the firm aimed to grow it financial litigation offering. “The […]

Spot the difference

During his many years as a legal market commentator, Tulkinghorn has noticed that law firms tend to copy each other every now and again. If one gets a US merger partner then all the rest want one too, and so on. Some are a bit late in copying, but do so nonetheless. An eagle-eyed law […]

BLG taps Allen & Overy for first COO

Barlow Lyde & Gilbert (BLG) has hired Allen & Overy global head of knowledge management David Jabbari to become its first chief operating officer. Barlow Lyde & Gilbert (BLG) has hired Allen & Overy (A&O) global head of knowledge management David Jabbari to become its first chief operating officer. Jabbari, who will join BLG in […]

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