Outrage at plans to scrap Iraq bar board

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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 […]

Recommended

Freshfields’ radical pensions overhaul nears completion

Freshfields Bruckhaus Deringer is close to finalising plans to radically overhaul its partners’ treasured pension scheme. It is understood that the magic circle firm’s partnership council will be considering the lastest plans, which have been broadly welcomed by the partners, this week. According to well-placed sources, retired partners will receive a maximum of £17,000 per […]

Miami powerhouse enters Boston with local merger

Adorno & Yoss of Miami is merging with Fitzhugh Parker & Alvaro of Boston. Fitzhugh, which has 23 lawyers, will become Adorno’s New England office, and will operate under the name of Adorno Yoss Fitzhugh Parker & Alvaro. The combined firms will have almost 270 lawyers, of whom 111 will be partners. Based on the […]

Lovells smashes lockstep

Lovells has concluded its protracted lockstep review and has given the firm’s partnership council the power to move under-performing partners down its equity ladder. Under the new system the partnership council has the power to move partners down the equity ladder or to freeze them on certain points with the agreement of the partners concerned. […]

Bird & Bird scoops Olympics sponsorship role

BIRD & Bird has been added to the panel advising the London Organising Committee of the Olympic Games (LOCOG). Bird & Bird join Ashurst, Clifford Chance and Freshfields Bruckhaus Deringer as firms on the LOCOG panel. Bird & Bird will be advising LOCOG primarily in relation to sponsorship matters and were appointed after a competitive […]

Camerons bags Romania’s largest-ever deal

CMS Cameron McKenna reaped the benefits of its longstanding relationship with Erste Bank by advising on the largest-ever deal to take place in Romania. The firm acted for Austria’s Erste Bank der Oesterreichischen Sparkassen on the bank’s winning bid to acquire a majority shareholding in Banca Comerciala Romana (BCR). Erste Bank bid €3.75bn (£2.57bn) for […]

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