Lovells scoops Merck legal chief

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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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The financial forecast

Take a deep breath. The reporting of year-end figures has kicked off. Here are some predictions. This will be a record year for much of the City. At least 10 firms will gift their top partners more than a million for the first time and be able to put two fingers up to the Americans. […]

Eversheds Shanghai drafts in Euro lawyers to target Chinese economy

Eversheds plans to fill its new Shanghai office with associates from its European network, with Italian lawyer Marco Vinciguerra the first to make the move. The firm aims to pick up mandates from European companies looking to invest in the expanding Chinese economy. Vinciguerra was a senior associate at the Milan office of the firm’s […]

Troutman Sanders raids Southern US rivals

Atlanta-headquartered Troutman Sanders has bagged five partners from Southern US rivals. Two partners join the firm from Atlanta-based rival King & Spalding’s New York and Atlanta offices, plus a partner each from Atlanta’s Alston & Bird and Morris Manning & Martin and one from Virginia-headquartered Hunton & Williams. In New York the firm has bagged […]

OFT complaint calls for Clementi in Scotland

Scotland’s legal service has been put in the dock by Which?, as the consumer association files a ‘super-complaint’ with the Office of Fair Trading. Which? claims that the legal service, regulated by The Law Society of Scotland and the Faculty of Advocates, is failing consumers. Julia Clarke, principal public affairs officer at Which?, said consumers […]

Lewis Silkin prelim results point to record PEP and turnover

Lewis Silkin has announced its best-ever figures for average profit per equity partner (PEP) and turnover in its preliminary results. For the financial year ending April 2006, the LLP announced a healthy 16 per cent increase in PEP to £263,000 compared with last year’s figure of £226,000. Last year The Lawyer reported (5 June) that […]

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