Diversity and the profession: a reply to Lord Sumption

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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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Glasgow

Seven more McClure Naismith partners secure new firms

A further seven partners of defunct Scottish firm McClure Naismith have found new homes, with virtual law firm Excello Law taking one, Scotland’s Wright Johnston & Mackenzie (WJM) hiring two and London firm Marriott Harrison picking up four. London project finance partner Ashok Ghosh has joined Excello, which is backed by former Dragon’s Den star […]

Forty redundant as carve up of McClure Naismith gets underway

A total of 42 partners and staff of failed firm McClure Naismith have been left with no jobs to go to after the firm’s administrators worked to secure positions for the majority of the firm. The Scottish firm appointed FRP Advisory partners Tom MacLennan and Iain Fraser as joint administrators on Friday evening, a week […]

Amsterdam

Taylor Wessing merges with Dutch firm Deterink for Netherlands foothold

Taylor Wessing has announced a merger with Dutch firm Deterink, which will give the firm two new offices in Amsterdam and Eindhoven. Deterink’s seven partners and 47 lawyers are to join Taylor Wessing from 1 September 2015, bringing the latter’s headcount numbers up to over 1,200 across 28 offices in Europe, the US, the Middle […]

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Trowers to tie up with Devon’s Stones in £85m UK domestic push

Trowers & Hamlins is to merge with Devon firm Stones Solicitors in October, further bolstering its UK regional offering and creating an £85m revenue firm. The merged firm will be named Trowers & Hamlins and will consist of almost 690 staff and lawyers, including 130 partners across six UK offices initially. Stones has approximately 90 […]

Carey Olsen appoints Paul Burton to senior associate in Jersey

Carey Olsen’s Jersey office has appointed Paul Burton as a senior associate of the firm’s expanding corporate practice. Burton specialises in corporate, finance and capital market transactions and has acted for a number of local fiduciary service providers and their clients. He also provides advice on regulatory, corporate and acquisition structuring and re-structuring matters as […]

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