Warner Cranston poaches partner

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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

Property

Norton Rose advised Forsakringsbolaget SPP omsesidigt (SPP) and its investment manager Celexa REIM on the £25.5m purchase of White Lion Retail Park. David Sinclair, property partner at Norton Rose, led a team of five on the deal. Osborne Clarke, acted for the seller Wilson Bowden Developments.

Legal & General to review panel

Lawyers are facing yet another series of cuts as Legal & General (L&G) becomes the latest insurance company to review its legal panel. L&G is undergoing a company-wide overhaul of its legal advisers, requiring each of its firms to provide in-depth information on their working practices and how L&G is charged. One source says: “Like […]

Can pro bono be saved

Last year the Solicitors’ Pro Bono Group faced collapse due to a lack of support. Dominic Egan reports on the latest attempt to revive its fortunes. Gross fees for the top dozen firms ranged from £115m to £442m during 1998-99, according to The Lawyer 100, and the average equity partner earned more than £450,000 in […]

Monckton and 4-5 Gray’s Inn set to vote on merger

Monckton Chambers and 4-5 Gray’s Inn Square are today expected to vote in favour of a full merger just three weeks after starting formal negotiations. The Lawyer understands that both sets will hold full tenancy meetings today (Monday) to vote on whether to push ahead with the merger that would create one of the biggest […]

Linklaters appoints first non-UK managing partner

Linklaters & Alliance has appointed its first managing partner outside the UK in a move that paves the way for a restructure of its global operations pre-merger. The firm has appointed finance partner Andrew Roberts as its first managing partner for Asia. He will be based in Singapore and will be responsible for the the […]

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