Angel reveals the truth behind Linklaters’ ‘realignment’

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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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Pinsents elevates standing of secretaries with typing outsourcing strategy

Pinsent Masons has signed a three-year deal to farm out its bulk typing and transcription services to South Africa as part of a move to change the role of its secretaries. The firm has been running a pilot with outsourcing company Exigent for almost a year to free up secretaries’ time for more sophisticated tasks. […]

Guardian group set for legal overhaul

The Guardian News and Media (GNM) group’s legal department is set for a massive restructuring of its legal department, which will lead to expansion and the team splitting into two legal divisions. The newly created divisions will be headed by director of editorial legal services Nuala Cosgrove, who will report directly to the editor Alan […]

CC’s Feldman slams Bush’s bully boys

Clifford Chance partner Warren Feldman came out all guns blazing today. See story Feldman is Clifford Chance’s head of pro bono for the Americas. He has hit back at the US Government’s unprecedented attack on law firms’ handling of the Guantanamo Bay pro bono efforts. Some of Wall Street’s finest law firms, as well as […]

Bird & Bird in hiring frenzy for global growth

Bird & Bird is hiring international partners at a rate of more than one a month, the latest being the appointment of Araoz & Rueda finance partner Andres Lorrio. Lorrio joins the Madrid office as head of banking and finance for Spain. His hire is part of the firm’s plan to grow its foreign offices […]

AOL overhauls legal team following Carphone deal

AOL is set to complete the restructuring of its 22-lawyer in-house legal team by the end of February, coinciding with the financial close of the final leg of its three-part, $1.96bn (£1bn) European disposal. AOL European general counsel Tony Wales told The Lawyer that the company had been through “monumental change” over the past six […]

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