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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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Africa

DLA appoints new Africa head amid strategy relaunch

DLA Piper has implemented a new Swiss verein structure across the 19 offices in its Africa network and has appointed a new head to oversee the firm’s strategy in the region, The Lawyer can reveal. The firm made the governance change to a Swiss verein in December 2017 to “increase the levels of connection, governance […]

peugeot

Cleary and W&C clients settle ahead of Peugeot trial kick-off

Cleary Gottlieb Steen & Hamilton and White & Case have exited the high-profile Peugeot case just days before it starts, reaching a settlement with the car manufacturer. Cleary and White & Case represented the primary defendants in the Peugeot S.A. and others v NSK Ltd case, which is featured in The Lawyer’s Top 20 Cases of 2018. […]

Saudi Arabia

Addleshaws hunts for formal associations in new Middle East strategy

Addleshaw Goddard has kickstarted a new three-year strategy for its Middle Eastern arm, aiming to have 70 staff across the region as well as breaking into Saudi Arabia. Led by its head of Gulf Cooperation Council (GCC) Andrew Greaves, the firm will now look to build out of its three existing offices having launched in […]

Simmons & Simmons

Simmons promotes nine to partnership in latest global round

Simmons & Simmons has made up nine lawyers to partners in its 2018 promotions round, spanning six sectors in Europe and Asia. In pursuit of its 30 per cent female partnership promotion target, women have made up just under half of the promotions at the firm, with finance lawyer Paula Macnamara joining the London office […]

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