France’s WSA and LSK merge to form Marvell Associés

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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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Court out

The modernisation of the Belarus economy could see commercial lawyers no longer being able to represent clients in court. Dale McEwan asks: is this just par for the course for an up-to-date legal system?  The legal profession in Belarus is facing a draft law that could see the representation of clients in courts – […]

Allen & Overy
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A&O snares Herbies’ capital markets head in two-partner raid

Allen & Overy (A&O) is set to hire two capital markets partners from Herbert Smith, marking the magic-circle firm’s second raid on the litigation giant this year. Herbert Smith’s global head of capital markets Jim Wickenden and Adam Wells, a partner in the firm’s corporate division, have both resigned and are set to move to […]

1

Apax secondment proves sticking point as Weil waits on funds star

Weil Gotshal & Manges’ new City funds team may have to start life without star associate Stephen Fox if the Clifford Chance hire does not return from a secondment at Apax Partners. Fox was widely tipped for partnership at the magic circle firm, but followed a team of three funds partners and a tax partner […]

Former Linklaters senior partner lands EMEA role at Moelis bank

US-headquartered bank Moelis & Company has hired former Linklaters senior partner David Cheyne in a high-level business development and advisory role. Cheyne, whose term as senior partner at the magic circle firm ended on Friday (30 September), becomes vice-chairman of Moelis’ EMEA investment banking arm. He will be based in London and will have the […]

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Opinion: Unfair dismissal claims

Three million people will lose the right to claim unfair dismissal if the government goes ahead with plans to double the qualifying period from one year to two.  George Osborne claims this will give employers an increased confidence to take people on “without immediately facing the prospect of tribunal hearings” [sic]and therefore help reduce unemployment.  But […]

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