Nominet receives top industry award

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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

Bevan Ashford to demerge

Bevan Ashford is set to split in two, with its Bristol arm to be renamed Bevan Brittan (BBL) while the Exeter, Plymouth and London arm will trade as Ashfords (EPL). The two firms merged in 1986 but maintained separate profit centres, independent IT systems and recruitment arms throughout. The demerger set to take place on […]

Gucci general counsel walks as company is bought by PPR

Gucci’s general counsel Alan Tuttle has quit following the multibillion-pound acquisition of the fashion house by French conglomerate Pinault Printemps Redoute (PPR). Tuttle’s resignation coincides with a management reshuffle, which has resulted in a number of senior level departures at the Netherlands-listed company. However, it is understood that he will be retaining a consultancy contract […]

Slaughters partnership to mull over conversion to LLP status

Slaughter and May is considering a move to UK limited-liability partnership (LLP) status and will put the proposal to its partners later this year. Practice partner David Frank told The Lawyer: “We’re looking at whether we should convert.” If carried, Slaughters would be the first of the firm’s best friends network to depart from a […]

Dechert nabs Morgan Lewis securitisation team

Dechert has swooped on Morgan Lewis & Bockius, taking an eight-strong securitisation team that includes the former chairman of the group. Steven Molitor, who served as chairman of the securitisation group during his tenure at Morgan Lewis and as a partner for over 10 years, led the team of attorneys to Dechert’s Philadelphia office. The […]

CC Washington managing partner jumps ship

Clifford Chance’s Washington DC managing partner has joined the constant flow of firm departures, upping sticks for the Securities Industry Association. Ira Hammerman, a legacy Rogers & Wells partner, will become senior vice president and general counsel at the association. Hammerman practised with Rogers & Wells and its 2000 merger partner Clifford Chance for over […]

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