Haarmanns to open London office early

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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

'No win, no fee' reforms set for April

Lord Irvine says the reforms will ensure that legal costs will not eat into compensation pay outs and it would be easier to bring a case which did not involve a money claim. Under current arrangements, litigants are deterred from using the ‘no win, no fee’ process because the uplifted legal fees demanded by lawyers […]

Clyde & Co has the edge in race for sports lawyer

Clyde & Co has beaten Edge Ellison in the race to sign former Edward Lewis partner and leading sports lawyer Michael Breen. The signing is a coup for Clyde & Co which currently only has a one-partner sports practice. Breen, one of the last partners to leave Edward Lewis, had been in talks with Birmingham […]

CC forms Indonesian alliance

Clifford Chance is opening in Indonesia, making it the first UK firm to venture into the troubled region. The City giant is forming an alliance with leading Indonesian firm Mochtar Karuwin & Komar and will be based in the capital Jakarta. Under the country’s laws, foreign firms are not allowed to set up independent offices […]

Property

Clifford Chance advised The Long-Term Credit Bank of Japan on its sale of 55 Bishopsgate, London to Pearl Assurance. Iain Morpeth, real estate partner at Clifford Chance, advised the bank. Nicholson Graham & Jones acted for the purchaser.

Olswang drops EMI work

The firm won a role advising EMI, a member of Virgin’s consortium SpectrumCo, after appearing at The Lawyer’s Legal Monte Carlo 99 conference. However, because the firm is acting for rival bidder MCI WorldCom, it feels the conflict would be too strong. EMI has now awarded the work to its long time adviser Rowe & […]

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