Opinion: Privacy rulings don’t jeopardise investigative reporting

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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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Davis Polk advises Citigroup on US government bailout

Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout. Davis Polk partners Gar Bason, Randall Guynn, Louis Goldberg and Avishai Shachar are leading the team acting for the bank. Cleary Gottlieb Steen & Hamilton is advising the US Treasury on the deal. The move […]

Claiming up

Apparently the reason that some consultations are dragging on is because of the number of grievance procedures in place. As already mentioned, a raft of unfair dismissal claims is bubbling under the surface (see post). On the whole these are from individuals who feel they have been accused of underperformance by managers wanting to avoid […]

Simpson Thacher cuts associate bonuses

Simpson Thacher & Bartlett has joined the growing number of US firms that are cutting associate bonuses this year. The firm has halved bonuses for the 2008 financial year and is understood to have abandoned special bonuses. Last year junior lawyers received a bonus of $35,000 but this year the figure has dropped to $17,500. […]

Blackstone wins pesticide battle with Government

Blackstone Chambers has won a long-running ­battle with the Government over the use of pesticides near residential homes near Chichester, West Sussex. The set, representing campaigner ;Georgina Downs, showed there was solid evidence that residents had suffered harm. Mr Justice Collins heard that residents exposed to pesticide-spraying had ­suffered from ill-health and blistering, with Downs […]

3

Cadwalader clutches rainmaker as strategy crumbles

The rumour mill on Cadwalader Wickersham & Taft has gone into ­overdrive in recent weeks, with ­estimates on the firm’s drop in profit ranging from 20 per cent right up to 65 per cent. When speculation linked rainmaker Dennis Block and litigation head Greg Markel with the exit door, the hypothesis that Cadwalader could unravel […]

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