The Lawyer global offshore report – Switzerland

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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

White & Case advises LST on Barclays outsourcing

White & Case has cemented its relationship with Land Securities Trillium (LST), the property outsourcing arm of Land Securities Group, after helping to secure a novel outsourcing arrangement with Barclays Bank. Under the deal, Barclays gave LST a reported £45m worth of property, comprising 14 office buildings totalling 31,540 square metres. The transaction, which was […]

MAB in merger negotiations with Goodman Derrick

Watford-based Matthew Arnold & Baldwin (MAB) is in preliminary merger talks with 20-partner media and entertainment firm Goodman Derrick. The merger would create a 40-partner firm with a turnover of around £16m, placing it at the lower end of The Lawyer UK 100. MAB has been actively seeking a deal to give it a London presence for […]

Ashurst sends troubleshooter to Germany

Ashurst is to send out private equity partner Simon Beddow to head up its German practice. Beddow, has been troubleshooting in the firm’s Paris office since last year. He was sent over to France in the wake of the departure of rainmaker Thomas Forsbach to Latham & Watkins. Beddow takes up his new position on […]

Broadband is a boost for online recruitment

The increased use of broadband as a connection method amongst UK internet users will provide a boost for employers wishing to take advantage of the internet as a recruitment tool. OfCom figures show that broadband now accounts for approximately one third of all domestic internet connections. The figures also show that 7.5% of the UK […]

Hammonds prepares for profit crash

Hammonds is reducing partner drawings by an average of 12 per cent in anticipation of a “significant” drop in UK profitability. The firm is also carrying out a programme of redundancies among fee-earners and support staff. Hammonds’ management made the announcement to partners earlier this week as part of a wide-ranging review designed to cut […]

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