Orrick scoops Jones Day’s UK corporate 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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One of the most depressing comments I heard recently was by an otherwise highly intelligent and engaging magic circle corporate partner. “Us lawyers are at the bottom of the pile now,” he said, referring to his remuneration.He earns, dear reader, more than £1m a year. One of the most depressing comments I heard recently was […]

A&O’s tales of the unexpected

Many are predicting that Allen & Overy (A&O) managing partner David Morley taking over from senior partner Guy Beringer will be a shoo-in, but it is worth bearing in mind that the A&O partnership votes in mysterious ways. In fact, Beringer’s tenure as senior partner started after a bit of an upset itself. Bill Tudor […]

BT reshuffles legal team and appoints new company secretary

BT has appointed BT retail general counsel Andrew Parker as company secretary, after moving former secretary Larry Stone into a new public affairs role. Parker will assume the role of company secretary from 1 April. He takes over from Larry Stone, who will oversee BT’s global lobbying efforts in a newly created public affairs position. […]

Cadwalader first US firm to post faltering figures

Cadwalader has posted a 6 per cent fall in average profit per equity partner (PEP) for 2007. Cadwalader Wickersham & Taft has posted a 6 per cent fall in average profit per equity partner (PEP) for the 2007 financial year, making it the only US firm so far to report a decrease in bottom line […]

Latham breaks $2bn with record results

Latham & Watkins has reported record results, becoming the first US firm ever to break the $2bn revenue barrier. Latham & Watkins has reported record results for the 2007 financial year, becoming the first US firm ever to break the $2bn (£1bn) revenue barrier. Latham posted a 23 per cent hike in revenue on 2006’s […]

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