Osborne Clarke hires two new tax partners

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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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FINANCE

Investment bank Bear Stearns International develops euro150m (£86.4m) new media venture capital fund with Virgin Media

CORPORATE

Tomkins sells Murray and Hayter to US-based Summersong Investment for $220.9m (£151.8m). Tomkins advised on UK law by Shoosmiths (Peter Seary) and on US law by Skadden Arps Slate Meagher & Flom (Eric Friedman). Summersong Investment advised on UK and US law by Sidley & Austin.

Jones Day expands in Asia with the opening of a Singapore office

Cleveland firm Jones Day Reavis & Pogue is opening an office in Singapore, its eighth outpost in Asia and its 25th worldwide. The firm has gained approval to practise from the Singapore authorities and plans to open its doors in January next year. Head of the firm’s Indian practice Jay Pathak is moving in to […]

DTI REVIEW

“We’re looking at streamlining and providing aggressive deterrents against time-wasting cases,” says a DTI spokesman. This review of employment tribunal procedure is on course to report next month. According to the DTI, the review is operating “under existing law”, with no powers to change legislation. In particular, the Government will be looking at providing more […]

BOOK REVIEW

The Trusted Advisor, by David H Maister, Charles H Green and Robert M Galford, published by The Free Press (ISBN 074320963X) The authors of this new self-help guide claim that the key to professional success is the ability to earn the trust and confidence of clients. “The creation of trust is what earns the right […]

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