Linklaters fails to overtake Clifford Chance with £1.29bn turnover

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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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Supreme Court building costs rise by £2m

The new Supreme Court building will cost £2m more than ­originally estimated, Justice Secretary Jack Straw has revealed. Straw said his predecessor Lord Falconer announced an ­estimated set-up cost of £56.9m, but the building had suffered from water penetration, so the estimated cost for building work was now £38.7m, with other costs of £20.2m.

CMS supports access to justice research

The CMS network is sponsoring an Oxford University study into access to civil justice in Europe. The programme is being led by former CMS Cameron McKenna partner Dr Chris Hodges, an expert on class actions and litigation funding systems in Europe and the US. CMS executive partner Robert Derry-Evans said: “Civil litigation is changing across […]

Mayer, rosenblatt act on indian float

Mayer Brown and Rosenblatt Solicitors have won roles advising on the London Stock Exchange flotation of an Indian infrastructure fund. Infrastructure India, which launched last week (30 June), raising £36.7m, was represented by Mayer Brown corporate partner William Charnley. Rosenblatt corporate finance partners Jon Lovitt, Tom Ferns and Wayne O’Neil turned out for the financial […]

Hina Jilani: Leading rights

Hina Jilani has spent decades fighting for human rights on an international scale, her acumen making her a leading figure in this field for the UN. But events in Pakistan have seen her return to the fray on home soil In November last year the legal system in Pakistan was thrown into chaos. President Pervez […]

Redundancies hit UK’s regional property teams

Six more regional firms are making redundancies in their residential conveyancing teams as the ongoing property slump continues to impact on the legal sector. The ;majority ;of redundancies are expected to hit support staff and conveyancers, although a number of fee-earners also face job losses. EMW Law, Franklins Solicitors, Geoffrey Leaver, Matthew Arnold & Baldwin […]

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