Camerons gets twitchy as profit stagnates

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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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MBRM tops French RPP table

Partners at Mayer Brown Rowe & Maw (MBRM) have emerged as the most productive in France, bringing in almost €6m (£3.93m) worth of business each last year. The firm made €23m (£15.06m), with Paris partners billing an average of €5.75m (£3.77m). The firm also has the fifth-largest revenue per lawyer at €696,000 (£456,000). Figures compiled […]

Simmons shrugs off MoD panel dismissal with role on £16bn project

Simmons & Simmons has managed to retain its leading role on one of the Ministry of Defence’s (MoD) biggest-ever outsourcing deals, despite being booted off the panel last year. The firm is advising the MoD on its new £16bn training programme, which has been outsourced to a joint venture consortium led by QinetiQ and Land […]

Fulbright promotes its first ever London associate

Fulbright & Jaworski’s London office has promoted its first associate to the partnership after 30 years in the capital. London international arbitration and dispute resolution lawyer Jonathan Sutcliffe was promoted to the partnership from senior associate. London office managing partner Stephen Vogel said: “We’ve been in London for 30 years, only practising English law for […]

Skadden picked as Ford listens to offers for Aston Martin

Skadden Arps Slate Meagher & Flom’s London office has scooped its first-ever mandate to advise Ford on its multimillion-pound disposal of the Aston Martin luxury car range. The New York heavyweight’s City arm landed the role thanks to Ford’s longstanding relationship with Skadden in the US. The team is being led by London-based corporate partner […]

Eight days a week

Tulkinghorn sends his thanks to Gaye Moran, a solicitor and also senior lecturer at London South Bank University, for the following response to the revelation (15 January) about Dewey Ballantine chairman Mort Pierce’s remarkable annual hours. Moran writes: “I’m amazed that any person, human (or with clone?), can purport to bill 3,000 hours per year. […]

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