Law Soc fights ‘destructive’ Carter Review

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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 […]

Recommended

7 Bedford Row installs its first female head of chambers

Civil and criminal set 7 Bedford Row has elected Kate Thirlwall QC as head of chambers after the previous incumbent David Farrer QC stepped down from the role. Thirlwall, the set’s first female head, takes up the position after a period of sustained growth for the set, which has seen its turnover grow to £15.3m […]

Slaughters partners set for £2m pay day

Slaughter and May partners are anticipating a record year, with partners at the top of the equity on target to hit £2.5m if current conditions prevail – a jump of 79 per cent from last year’s figure of £1.4m. Slaughters sources said at the half-year stage the firm’s billings had grown by nearly 30 per […]

Trainee retention plummets at top firms despite associate shortage

THE NUMBER of trainees being kept on by the UK’s top 50 firms has dropped by nearly 150, despite law firms saying they are in desperate need of associates. The average retention rate in the top 50 firms was 81.2 per cent in September 2006, compared with 85.2 per cent in 2005. Almost half of […]

NYSE Group lands new legal chief

The parent group of the New York Stock Exchange (NYSE) has named its new general counsel, taking the former legal head of Citigroup International. Rachel Robbins, former general counsel of all of Citigroup’s non-US operations, takes over the top legal job at NYSE Group from Richard Bernard, who retired earlier this year after 10 years […]

Willkie Farr grows Paris tax team with local partner

Willkie Farr & Gallagher has bolstered its French tax team with the hire of a partner from local independent Brandford-Griffith & Associés. Pierre Ullmann joined the US firm last month (October), becoming its fifteenth Paris-based partner. He brought with him one associate. Ullmann previously led the tax team at Brandford Griffith, where he built up […]

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