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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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Paisner

Paisner & Co acted for Great Universal Stores on its £37m acquisition of jungle.com. Jungle.com supplies a range of computers and computer equipment as well as music and videos through its website. Head of corporate finance Keith Stella led a team of four on the deal while Eversheds advised jungle.com.

Osborne Clarke's German firm set for merger with Bapperts

Graf von Westphalen Fritze & Modest, the German ally of Osborne Clarke OWA, is in the final stages of merger talks with Bappert Witz & Selbherr in Freiburg. A vote will be taken in November, but both firms are confident the merger will go ahead to create a 64-partner firm. Graf von Westphalen, which has […]

Bingham adds to NY capability

Boston firm Bingham Dana is taking on a finance partner from Mayer Brown & Platt to boost its New York practice. Scott Zemser does both banking and finance work, as well as workouts and restructurings. His financial institution clients include Société Generale, DLJ, ING Barings, Canadian Imperial Bank of Commerce, First Union and HSBC. Managing […]

Tonucci merges with Milan and Padua firms

Studio Legale Tonucci is cementing its position as one of the largest independent firms in Italy after completing two mergers with local firms. The firm has merged with Milan-based Barberi Cassese Rossetto Sala, which houses 20 lawyers, and has entered Padua through its link-up with Scarpa Scapolo Vasta. Tonucci, which now boasts 175 lawyers, is […]

Lovells hires partner for Moscow

Lovells is bucking the trend by expanding its Moscow office as other firms retreat from the region. US firm Milbank Tweed Hadley & McCloy is considering pulling out of Moscow, and Eversheds dissolved its office only a month ago (The Lawyer, 18 September). Lovells, though, is taking on Larry George as a second partner for […]

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