Simmons raids RB for Paris real estate team

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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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Clydes, Norton Rose expand in Asia with Shanghai openings

Norton Rose expand in Asia with Shanghai openings” />Clyde & Co and Norton Rose are moving into China’s biggest city after securing licences to operate in Shanghai. Shanghai will be Clydes’ first office in mainland China, while Norton Rose is adding to its four-year-old Beijing operation. Clydes Hong Kong partner Ik Wei Chong is moving to Shanghai to […]

New King & Spalding partner plans massive growth in City

Atlanta-based King & Spalding is looking for significant growth in its London office with the addition of tax and employment teams following the appointment of new managing partner John Keffer. US corporate partner Keffer replaces litigator George Branch after his completion of a three-year term that started with the six-lawyer London launch in January 2003. […]

University challenge

John Smith talks of the success of Reed Smith
University little more than a year after its launch

Shearman to advise on exchange of Iraq bonds

Shearman & Sterling‘s capital markets team is celebrating after winning the mandate to advise the banks which are arranging the exchange of commercial debt by the Iraqi government. Citigroup and JPMorgan organised the exchange, which will see around $2.7bn (£1.5bn) in face value of bonds and $175m (£99.2m) in loans swapped for around $14bn (£7.8bn) […]

Olswang distances itself from Greenberg’s Abramoff scandal

Olswang, the UK ally of under-fire US firm Greenberg Traurig, has distanced itself from the Greenberg’s difficulties sparked by a former lobbyist who last week pleaded guilty to defrauding clients and bribing government officials. Jonathan Goldstein, Olswang chief executive, said the issue was not one on which it was appropriate for Olswang to comment and […]

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