Norton Rose associates bag pay increase to match magic circle

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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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Freshfields names new London banking head

Freshfields Bruckhaus Deringer has kick-started the financial year by installing a new head of banking for its London office. David Winfield will take over from Edward Evans, who will continue fee-earning after nine years at the helm of the London banking team. Winfield said: “There’s been much more emphasis on leveraged finance and private equity […]

Former Freshfields partner joins Reed Smith to elevate finance offering

Finance partner Rex Rosales is set to join Reed Smith Richards Butler after announcing his departure from Freshfields Bruckhaus Deringer two weeks ago. Rosales is to play a role in expanding Reed Smith’s asset finance and securitisation team, according to head of finance Nola Beirne. Beirne said the team, which consists of 19 finance partners, […]

CC makes dual raids on A&O and Freshfields

Clifford Chance has made a double raid on its magic circle rivals on the continent, taking a counsel from Allen & Overy and a team from Freshfields Bruckhaus Deringer. Ulrich Reese, a healthcare and life sciences partner from Freshfields’ Düsseldorf office, is taking a counsel and an associate with him to Clifford Chance, according to […]

Tip-top tapper

Signs of the dedication needed to run law firms north of the border reached Tulkinghorn last week when it emerged that Burness’s sprightly chairman Philip Rodney has just hired a personal trainer. “I’m attempting to hold back the years,” claimed Rodney, who added that the trainer was in the habit of doing things to his […]

Stevens & Bolton bolsters construction

•South East firm Stevens & Bolton has hired construction partner Matthew Needham-Laing as head of construction and engineering from London construction boutique Fenwick Elliott. Needham-Laing said: “I chose Stevens & Bolton LLP because of the firm’s evident commitment to expanding its construction department. I look forward to working with my new colleagues, building on Stevens […]

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