Oh, Howrey mighty have fallen

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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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Fladgate LLPs reveal £1m loan funded Covent Garden move

London firm Fladgate took out a £1m loan to fund its move to a new office near Covent Garden, its 2009-10 LLP accounts have revealed. The loan – part of a revolving credit facility to fund the relocation to Great Queen Street secured against partners’ fixed capital – contributed to the amount to be paid […]

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Fixed fees, senior service, outsourcing: is that enough to make Radiant shine?

The technology ­boutique that launched last week with lawyers from ­Barlow Lyde & Gilbert (BLG), Latham & Watkins and Morrison & Foerster (MoFo) is considering ­radical plans that would see its associated business take over an in-house legal ­function. The ambitious move chimes with the firm’s ­statement that its legal arm is a ’trailblazer’ in the […]

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Simmons puts China and Germany growth ahead of US merger

Simmons & Simmons has put finding a US merger on the backburner, preferring to focus on investment in Germany and China. Managing partner Mark Dawkins told The Lawyer that, although the firm was not pursuing a US merger, last year’s talks with Mayer Brown made him realise “that we sometimes underestimate how strong our name […]

Harneys and Collas Day announce annual promotions

Harneys and Collas Day have kicked off this year’s offshore promotions round with the former adding three new partners and the latter one. Indira Birkwood, Nancy Erotocritou and Philip Graham have been made up in Harneys’ London, Cyprus and British Virgin Islands (BVI) offices respectively. The firm now has 27 partners. Birkwood and Erotocritou are […]

Michael Stevens

Cripps re-elects senior partner for second term

Tunbridge Wells-based Cripps Harries Hall has re-elected Michael Stevens as senior partner for a second term following an uncontested election. Stevens first took up the role in May 2006 when he took over Andrew Fermor, who had held the position since 1998 (30 January 2006). During his time Cripps Stevens has helped pioneer the firm’s […]

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