Simpson Thacher raises salary bar after ‘very busy’ year

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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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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 […]

ODA prepares for 2012 claims onslaught

The Olympic Delivery Authority (ODA) has started talks to devise a dispute resolution process in anticipation of a flood of legal challenges over the infrastructure for the 2012 Olympic Games. The Chartered Institute of Arbitrators (CIArb) is in discussions with the ODA, which is responsible for the infrastructure of the Olympics, to find the best […]

Govt responds to Blackstone’s BAE threat

The government has responded to the judicial review threat hanging over the Serious Fraud Office (SFO) that alleges its decision to drop a BAE-Saudi Arabia investigation was unlawful. As first reported on www.thelawyer.com (18 December 2006), Blackstone Chambers has launched legal action against the SFO, the Attorney General and Prime Minister Tony Blair over the […]

City lawyers attack new Fraud Act

Lawyers have raised serious concerns about the workability of the new Fraud Act, just seven days after it came into force. On the whole the Fraud Act 2006 has been welcomed by the legal profession as, for the first time, most offences deemed as fraud are under one statute. Two of the new offences – […]

Pestalozzi faces financial claim by ex-partner

One of Switzerland’s largest firms, Pestalozzi Lachenal Patry, is locked in a dispute with one member of a group of five partners expelled last year over strategic and management differences. Tax partner Marcus Desax, now at Swiss rival Walder Wyss & Partners, initiated conciliation proceedings before the Zurich Bar Association on 9 January, claiming the […]

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