Norton Rose hikes City crime team with senior Bindmans hire

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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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Weil adds further City restructuring partner with Hogan Lovells hire

Weil Gotshal & Manges has continued the expansion of its London restructuring team with the hire of Hogan Lovells partner Alexander Wood. Wood advised on a number of high-profile insolvency matters during his time at Hogan Lovells, notably advising the FSA on the 2008 administration of Lehman Brothers. His appointment marks a period of agressive […]

Freshfields snaps up last ex-Dewey Beijing partner

Freshfields Bruckhaus Deringer has appointed former Dewey & LeBoeuf Beijing partner Yuan Gang as China head of energy and natural resources. Yuan joins Freshfields as a counsel based in the firm’s Beijing office. He is one of the four partners who worked in the Beijing office of now defunct Dewey & LeBoeuf. Yuan’s practice focuses […]

Dewey employees seek reimbursement

Former Dewey staffers’ long and winding road to notice period payments One feature of the Insolvency Service is that it offers pay to staff made redundant for a notice period they were not given – thought to be four weeks in many cases. In other words, they would usually get paid for the notice period, […]

5

Shoosmiths axes 86 in restructure plans as turnover falls

Shoosmiths has announced that 86 jobs will go following a redundancy consultation. The firm said in May that 93 roles were at risk as a result of the restructure of its consumer arm, mainly affecting the Basingstoke-based volume motor personal injury team (3 May 2012). Following the consultation the firm said there would be 71 […]

Treasury Committee instructs Devereux Chambers’ Jonathan Fisher QC on Libor investigation

The Treasury Committee has turned to Devereux Chambers corporate and financial crime silk Jonathan Fisher QC to advise it on an investigation into the ongoing fallout from the Libor scandal. Fisher will advise the parliamentary committee in its investigation into the banking community in the wake of the £290m fine levied against Barclays Bank for […]

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