Cadwalader makes 35 redundant

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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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London comes out top in DLA Piper partner promotion round

DLA Piper has promoted litigation lawyers Miriam Gonzalez and Tom Canning, who both feature in this year’s The Lawyer Hot 100, to its partnership. Gonzalez, who is based in London, is one of 12 to be promoted in the capital, while Canning has taken on the partnership role in Dubai. The London office again received […]

Pinsents pushes construction team

Pinsent Masons in Birmingham has scooped a partner and an associate from its regional rivals in a bid to build up its construction team to deal with an increase in work in the sector. Former HBJ Gateley Wareing partner Nigel Blundell will lead Pinsents’ UK transactional construction team, while senior associate Anthony Bradley, who joins […]

Conyers first offshore firm into Moscow

Conyers Dill & Pearman will push expansion plans in 2008 by becoming the first offshore firm to open a Moscow office. Conyers said the move would give it access to clients in Russia and Eastern Europe. Chairman John Collis told The Lawyer: “Moscow’s financial services sector has reacted quickly to accommodate the demands of Russian […]

A&O forced to defend religious holiday policy

Allen & Overy (A&O) has defended its employment policies after a former associate from the New York office sued the firm for race discrimination. Former associate Norman Schoenfeld claims he was told to work on a religious holiday despite warning his supervising partner well in advance that he would not be able to do so. […]

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