Macfarlanes’ figures hit by credit crunch

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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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Maitland, Harneys in Cayman ventures

Offshore services firm Maitland Group is to launch a Cayman Islands-based law firm after recruiting former Walkers partner Sara Collins. Offshore services firm Maitland Group is to launch a Cayman Islands-based law firm after recruiting former Walkers partner Sara Collins. Maitland has traditionally opted to position itself as an offshore trust services company, but managing […]

DWF launches in London with Davies Lavery duo

DWF is to launch a niche insurance practice in London, with the hire of two partners from Davies Lavery, following that firm’s merger with Kennedys. The firm has brought on catastrophic injury partners Graham Dickinson and Claire Bowler in a move to expand out of its northern origins. DWF managing partner Andrew Leaitherland said that […]

Thomson Snell lands new senior partner

Tunbridge Wells-based firm Thomson Snell & Passmore has elected James Partridge as its new senior partner. He takes over the role from Michael Sugden, who has retired. Partridge has been with the firm since 1986 and has been head of corporate and commercial since 2000. Thomson Snell’s revenue this year increased by £1m to £14.7m.

A&O, CC and Norton Rose win £4.5bn Barclays deal

Allen & Overy, Clifford Chance and Norton Rose have scooped lead roles on Barclays’ £4.5bn share issue. Norton Rose partner Martin Scott led the firm advising the China Development Bank in its purchase of £136m of new shares. The mandate is the first the firm has won since being elected onto the bank’s panel in […]

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MoJ names first HMCS chief executive

The Ministry of Justice (MoJ) has appointed its first chief executive for Her Majesty’s Courts Service (HMCS) since it announced the new court structure in January. HMCS North West regional director Chris Mayer is the new chief executive. She succeeds Sir Ronald De Witt, who held the post for four years. A new structure for […]

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