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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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Macfarlanes gets tough with corporate, property lawyers

Macfarlanes is reviewing the performance of its lawyers amid difficult conditions for its core ­corporate and real estate practices. Macfarlanes ;is reviewing the performance of its lawyers amid difficult conditions for its core ­corporate and real estate practices. The firm holds performance appraisals every March and September, but managing partner Simon Martin admitted that the crisis […]

Opinion: Culture’s the key to projecting a non-bland brand

Law firms are a brand consultant’s worst nightmare. Unique selling points (USPs) are the alpha and the omega of branding (this car goes faster, this mobile phone has more functions) and new business ideas are rarely launched without one or more USPs. But at the top end of the UK legal ­profession in particular, the […]

CC provides benefits to ousted US associates

Clifford Chance is to offer three months pay plus half of individual annual bonuses to the 20 associates it laid off in theUS last week. The bonus will be calculated on the basis of last year’s bonus structure. Associates have also been offered outplacement services with consultancy Lee Hecht Harrison. Unlike in the UK, where […]

Toilets ducked

Tulkinghorn has noted that diversity has become a much bigger concern for law firms in recent years, and he is all for it as well. But some firms might have taken the idea and run with it too far. One of Tulkinghorn’s moles went to meet the good people at Gómez-Acebo & Pombo at the […]

Edwin Coe hires new CEO

Edwin Coe has appointed Tim Nash as CEO following the retirement of Mike Elliott, who had been at the firm for 30 years. Finance partner Nash took up the post after leaving Eversheds, where he held the non-legal role of group financial controller. Prior to this he worked at PricewaterhouseCoopers, Freshfields Bruckhaus Deringer and Clifford […]

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