Magic circle partners net £1m

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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

An exercise in integration

The Düsseldorf office of Bruckhaus Westrick Heller Loëber needed some permission to vote for the merger with Freshfields. Catrin Griffiths analyses the problems that inevitably arise when two firms of very different cultures merge So Freshfields has won the prize which Clifford Chance, Herbert Smith and Shearman & Sterling had so assiduously courted. Yet among […]

It's been a bad week for

m Journalists, who are unlikely to be granted exemption from new anti-terrorism laws. The House of Lords rejected a Liberal Democrat amendment to a bill’s requirement to notify police of any information they receive about potential terrorist acts. Lord Goodhart QCtold peers that the provision could inhibit journalists’ right to protect their sources. Cabinet Office […]

Top five UK firms smash profits per partner records

City lawyers have more chance of earning a million with UK firms than with US firms – despite the Americans’ much-vaunted recruitment drive. Only two City lawyers at US firms are understood to earn more than a million pounds – Andrew Wilkinson at Cadwalader Wickersham & Taft, and William Charnley at McDermott Will & Emery. […]

Case of the week

Superintendent Ray Mallon, the pioneer of zero tolerance policing in the UK, has learned that he will not face criminal charges after a £5m investigation into how the so-called ‘Robocop’ squad got information from the Teesside underworld. Mallon, whose drive against petty crime and anti-social behaviour has influenced Home Secretary Jack Straw’s own liberal pronouncements, […]

Hogan & Hartson pushes into Asia with new Tokyo office

Leading Washington DC firm Hogan & Hartson is opening an office in Tokyo – its first step into Asia. The 700-lawyer firm will specialise in intellectual property and corporate work in the office, initially for existing clients. The firm already represents Japanese car giant Toyota, telephone company NTT and technology companies Seiko Epson and Sanyo. […]

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