Bonelli Erede partner found guilty in Parmalat case

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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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Authority figures add up

If you’d said in 2007 that local authority legal directors would emerge as the profession’s most imaginative group of lawyers, most people would have gone slack-jawed in amazement. And yet in the past three years those same lawyers, so long regarded as somehow inferior to their richer City cousins, have consistently responded to crisis and […]

Cleary and Gleiss Lutz advise on £4bn EDF sell-off

Cleary Gottlieb Steen & Hamilton and Herbert Smith’s German alliance firm Gleiss Lutz have acted on EDF’s €4.7bn (£3.98bn) sale of its 45 per cent stake in German energy company Energie Baden-Württember (EnBW) to the State of Baden-Württemberg. Cleary Gottlieb advised EDF while Gleiss Lutz advised the buyer on the acquisition and on a subsequent […]

Gillian Fairfield

Work Life Quiz: Gillian Fairfield, Herbert Smith

What was your first-ever job? Kitchen assistant in a seafood restaurant. Now that was stressful. What was your worst experience as a trainee? When a Russian client thought I should have been able to win over the British visa service for him. Where’s the best place to go if you want to find out what’s […]

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Links study reveals higher than average ‘out’ LGB staff

Around 20 per cent of gay and lesbian staff at ­Linklaters are not ’out’ in the workplace, according to a survey the firm has ­conducted among City staff. Of those who are not out, 13 per cent are open about their sexuality outside the firm. However, the study among 600 employees also found that 97 […]

Rouse Oxford team forms new boutique

A team of three lawyers from IP firm Rouse’s Oxford brands practice has broken away to set up a boutique based in the city.The three-partner ­boutique, Sipara, was launched last week, with the firm claiming that 18 Rouse clients have, or are in the process of, migrating over. Sipara has been launched by Rouse’s former commercial IP head […]

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