Penningtons acts for Bank of India in BCCI appeal

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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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Chadbourne & Parke in five-partner raid on Dentons

Denton Wilde Sapte has lost five partners from its contentious insurance practice to US firm Chadbourne & Parke. Senior equity partners Chris Cardona, Adrian Mecz and Michelle George announced their departures to Dentons management before Christmas. They were joined last week by salaried partners Mark Pring and John Barlow. Dentons outgoing chief executive Virginia Glastonbury […]

Barlows puts ‘stay or go’ option to its banking staff

Barlow Lyde & Gilbert is to let its banking associates choose whether to stay at the firm or follow two departing banking partners to Winston & Strawn’s London office. Barlows has decided to abandon its rated independent banking practice, prompting the exits of head of banking Graham Wedlake and partner Neil James, who will join […]

Exchange wins senior junior from 3 Temple Gdns

Exchange Chambers has hired criminal barrister Kim Whittlestone, a senior junior from 3 Temple Gardens. Whittlestone becomes Exchange’s 37th criminal barrister.She is currently acting as defence counsel in a large conspiracy to murder trial at Luton Crown Court.

Linklaters loses Brussels IP head to Howrey Simon

Linklaters has lost its Brussels head of IP Carl De Meyer to US firm Howrey Simon Arnold & White. De Meyer will be the US firm’s first IP partner in the Brussels office, which until now has concentrated purely on anti-trust, although the firm does already have IP expertise in London and Amsterdam. Linklaters culled […]

OFT bolsters enforcement division with Lovells lateral

The Office of Fair Trading (OFT) has taken on Lovells associate Sean-Paul Brankin as a director in its competition enforcement division. Brankin replaces Simon Brindley who has moved to the consumer enforcement division. The OFT has also appointed a second standing counsel. Daniel Beard of Monckton Chambers will work alongside the current standing counsel Jon […]

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