Extension of the sanctions relief provided for in the Joint Plan of Action between the P5+1 and the Islamic Republic of Iran

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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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Schoenherr advises Rasperia on exercise of call option to increase STRABAG shareholding

Schoenherr has advised Rasperia Trading on its exercise of a call option to purchase shares and increase its shareholding in Vienna Stock Exchange-listed STRABAG SE to a blocking minority of 25 per cent and one share. Rasperia, a company of Russia-based industrial conglomerate Basic Element, previously held 19.4 per cent in the Vienna-based construction conglomerate. […]

City

Baker & McKenzie advises as Gherkin goes up for sale

Baker & McKenzie is advising on the sale of the City’s landmark Gherkin building months after handling its collapse into receivership earlier in the year. Baker & McKenzie’s global co-head of financial restructuring and insolvency Ian Jack and partner Louise Webb led the deal advising Deloitte, the receivers, as well as the agent for the […]

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Dentons benefits from Chadbourne’s Kiev closure with corporate partner hire

Dentons has become the first firm to snap up one of the lawyers at Chadbourne & Parke’s Kiev office, which is closing in the next few months. Chadbourne international partner Adam Mycyk has joined Dentons as a partner in its Kiev corporate practice. Mycyk, a US-qualified lawyer, has worked in Ukraine since 1994, when he […]

riyadh saudi arabia

Squire Patton Boggs plumps for legacy Patton Boggs associate in Saudi

Squire Patton Boggs has chosen legacy Patton Boggs’ Saudi associate firm Khalid Al-Thebity as its local representative, leaving legacy Squire Sanders’ affiliate to pursue independence. Riyadh-headquartered Al-Enezee was the affiliate of legacy Squire Sanders before the merger with Patton Boggs in June this year (27 May 2014). The firm confirmed today (19 August) that Al-Enezee […]

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