Shearmans Paris head takes worldwide helm

New York giant Shearman & Sterling has named its first ever firm-wide managing partner from an office outside the US.

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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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Cartwrights' insurance dept splits from firm

Cartwrights’ insurance litigation department is to launch its own specialist firm under the name of Cartwrights Insurance Partners when the rest of the Bristol firm merges with Bond Pearce in July. `The announcement by partners David Vernalls, Deborah Bradley, Richard Ottley and Ian Poole ends any prospects of a merger between them and insurance giant […]

Employment practice breaks away from Negri-Clementi

The employment practice of leading Italian law firm Negri-Clementi Toffoletto Montironi & Soci (NCTM) has demerged from the rest of the firm as pursues its role in European employment law alliance Ius Laboris. `NCTM was formed just 18 months ago when Negri-Clementi Montironi e Soci merged with Toffoletto. At that time, the employment expertise which […]

A View from the Cayman Islands

Where precisely do the Cayman Islands stand now that the dust has settled following the Organisation for Economic Cooperation and Development (OECD) and Financial Action Task Force (FATF) supranational initiatives on tax harmonisation and anti money laundering?`The short answer is that the legislative and regulatory amendments are sympathetic and, as a result, the Cayman Islands […]

Harvard Law School

Harvard Law School is to pay off tuition loans for graduates who take public sector jobs. Harvard law students pay £26,000 a year for tuition fees, but if a graduate takes a job in government, a non-profit organisation or academia, the law school will meet their loan repayments.

Lathams bolsters NY insolvency with hire from Simpson Thacher

Los Angeles firm Latham & Watkins is bulking up its insolvency practice in New York and hiring a lawyer from Simpson Thacher & Bartlett. `Shari Siegel is joining the firm as of counsel, having held the same post at Simpson Thacher, and will focus on restructuring troubled companies. She specialises in troubled loans, multinational insolvencies, […]

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