Lovells’ German refocus sees Berlin managing partner quit

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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

Latham in ten per cent global profits surge

Latham & Watkins has continued its winning streak after unveiling impressive financial results for 2004. Turnover at US firm has increased 17 per cent on 2003, from $1.03bn to more than $1.2bn last year. The results follow a phenomenal 2003, which saw the firm post a 14 per cent revenue rise to break through the […]

Careers: in brief

Clyde & Co announced last week that partners Jonathan Wood and Derek Hodgson have both been named as chairs at the International Bar Association (IBA). Hodgson, joint head of maritime at Clydes, becomes the chairman of the IBA’s maritime and transport law committee, while Wood has become chairman of the IBA’s international committee. The latter […]

White & Case tops US firms’ profits upturn in London

White & Case’s London office has claimed an astonishing 73.9 per cent profit rise in 2004, with several other US firms also reporting impressive year-end results for their UK outposts. The firm revealed that profit per equity partner has risen from $575,000 (£305,200) in 2003 to $1m (£530,000) in 2004. At the same time, it […]

BLP to open in Middle East on back of energy success

Berwin Leighton Paisner (BLP) is planning to open an office in the Middle East after a year of success for its new energy practice in the region. Energy partners Agnieszka Klich and Jon Nash joined the firm last year from Milbank Tweed Hadley & McCloy, along with Denton Wilde Sapte’s Sohail Barkatali, and they have hit […]

Ofgem panel places up for grabs in massive rejig

Ofgem, the gas and electricity regulator, has launched a full-scale review of its external legal panel. According to well-placed sources, firms, including those not on the existing panel, were asked to submit their tender documents to Ofgem earlier this month. The regulator’s current legal panel comprises Brodies, Burges Salmon, Maclay Murray & Spens, Nabarro Nathanson, […]

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