Clementi warned that independence is critical

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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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Manches gives boost to employment capability

Stephen Levinson, the former KLegal head of employment who joined Scottish heavyweight Maclay Murray & Spens in December 2002, has left the firm to join Manches. Levinson, who was employment head in Maclays’ London office, starts today (7 June) as a partner in Manches’ London employment group, which is headed by Jonathan Maude. The hire […]

Lovells boosts Milan with Freshfields hire

Lovells has ended a bad run for its international network on brighter note, welcoming a new partner for its Italian office from Freshfields Bruckhaus Deringer. Marco Lantelme, a former senior finance associate at Freshfields, will launch an Italian capital markets and securitisation practice from Lovell’s Milan office. The firm is also understood to be planning […]

McDermott wins top German tax team

McDermott Will & Emery’s Munich office has scooped a highly rated team of tax lawyers from German firm Raupach & Wollert-Elmendorff. Arndt Raupach and Dirk Pohl, two of the best-known tax lawyers in Germany, have jumped ship, along with counsel Rüdiger con Groll and associate Gero Burwitz. Raupach, who stood down from the equity last […]

Ashurst to replace Freshfields on Green’s M&S bid

Ashurst is taking over Freshfields Bruckhaus Deringer’s role as Philip Green’s adviser on the bid for Marks & Spencer. The decision was made as an injunction barring Freshfields from acting for Green on the takeover due to concerns over pot… Ashurst is taking Freshfields Bruckhaus Deringer‘s place as Philip Green’s adviser on the bid for […]

Hearken the hacks

Why lawyers and their clients would benefit from working with journalists – especially in a crisis. By Magnus Carter In the old days of Fleet Street, lawyers and journalists spent a lot of time together, both at work and play. During the day they rubbed shoulders at the Royal Courts of Justice, and in the […]

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