Partners need a grievance procedure

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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

Lovells overhauls US management team

Lovells has named New York litigation partner Marc Gottridge as its next US regional managing partner. Following the outcome of a partnership vote he will take up the three-year position tomorrow (1 August). Gottridge, who replaces Chicago-based Joe McCullough, will head a team of 80 fee-earners based in both New York and Chicago. He will […]

Money before morals? Firms bullish on acting for controversial clients

Should firms concern themselves with the ethics of clients’ business activities? By Margaret Taylor Law firms claim to be obsessed with increasing their diversity and reducing their carbon footprints, so the assumption is that lawyers are a pretty politically correct bunch. But how far does that political correctness stretch when it comes to client relationships?Countless […]

Bakers lures former US deputy attorney general in DC

Former US deputy attorney general Paul McNulty is to join Baker & McKenzie‘s Washington DC office as a partner. McNulty’s experience will see him span several practice areas at the firm, focusing on US litigation, corporate compliance and risk management. He will also work alongside the firm’s global dispute resolution practice. The firm’s chairman John […]

Architecture tie-up hands work to trio

Dickson Minto and Reed Smith have scored lead roles in a midmarket deal that created one of the world’s largest architecture practices, the transatlantic union between Edinburgh-headquartered RMJM and Hillier, the US’s fifth-largest architecture firm. Dickson Minto, also based in Edinburgh, paired with Boston-headquartered Burns & Levinson to advise RMJM on its £35m takeover of […]

Dewey gains German real estate presence with Pöllath raid

Dewey Ballantine has continued its hiring spree by taking on a founding partner of Pöllath & Partners, adding a real estate capability to its German operations for the first time. Ralph Wagner will bring a team of six associates with him to launch Dewey’s German real estate practice. Hanno Berger, German managing partner at Dewey, […]

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