Norton Rose adds Clifford Chance lawyer to Hong Kong practice

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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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Slaughters partner takes on GC role at Asset Protection Agency

Slaughter and May corporate partner Lucy Wylde has landed a permanent role as general counsel for HM Treasury’s Asset Protection Agency (APA). Wylde, a partner at Slaughters since 1993 and currently a member of M&A chief Steve Cooke’s team, has been on secondment at the Treasury since March 2009 to assist with Asset Protection Scheme […]

Gleiss Lutz adds three partners to equity

Herbert Smith alliance firm Gleiss Lutz has promoted three associated partners in Germany into the equity. Employment lawyer Christian Arnold, corporate lawyer Michael Burian and tax specialist Stefan Mayer will all become full partners at the firm as of 1 January 2011. Arnold and Burian both practise in Gleiss Lutz’s Stuttgart office, specialising in collective […]

Garrigues revamps New York management team

Garrigues has appointed corporate partner Ferran Escayola to head its New York office. Escayola was named managing partner of the New York office earlier this month and will replace Xavier Ruiz, an M&A expert who joined the firm in 2005 from McDermott Will & Emery. Escayola joined Garrigues in 1999 from Skadden Arps Slate Meagher […]

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Law firms win judicial review case against LSC

Two law firms, Public Interest Lawyers and RMNJ, have successfully fought a judicial review case against the Legal Services Commission (LSC). Two law firms, Public Interest Lawyers and RMNJ, have successfully fought a judicial review case against the Legal Services Commission (LSC). Backed up by 10 other firms the pair brought the case to challenge […]

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LG names new senior partner as managing partner gains another term

LG has elected dispute resolution head Andrew Witts to succeed Penny Francis as senior partner, with Hugh Maule re-elected as managing partner. Witts, who joined LG in 2001, specialises in corporate fraud and international asset tracing and has specialist expertise in running international matters. He commented: “I thank Penny for all that she’s achieved for […]

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