Pope to quit 3 Verulam for Denton Wilde

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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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Titmuss Sainer to drop lockstep pay

Titmuss Sainer Dechert is dumping its lockstep pay structure in favour of a meritocracy policy as it finally merges with long-time US alliance partner Dechert Price & Rhoads. Titmuss Sainer, which has held an alliance with its US counterpart for six years, is smaller than Dechert Price’s office which has more than 168 partners compared […]

Property

Clifford Chance represented Burford Holdings on the second and third lettings of Mayfair Place redevelopment. A 20-year FRI lease for 11,000sq ft has been signed with Brixton Estate at a rent of £650,000 per annum. 44,000sq ft have been let to commodity trader Glencore UK, which signed a 20-year FRI lease at an annual rent […]

King & Spalding raids Baker & McKenzie

The raid has left Baker & McKenzie with just three partners in its 20-lawyer Houston outpost. The departing partners – John Cogan, Duncan Gray, Kenneth Culotta and Philip Weems – all specialise in international transactions involving the energy industry and will join King & Spalding’s corporate group in the Houston office. A King & Spalding […]

Hooligans prove rights are not equal

John Cooper says that attempts to expel English football fans from Euro 2000 infringe on human rights There has always been a suspicion that Europe is not as united as it may seem. Criminal practitioners are being showered with opportunities to attend conferences and seminars on the European Convention on Human Rights. For many prosecutors […]

UBS Warburg’s global general counsel quits

UBS Warburg Dillon Read is losing its global general counsel as he considers returning to private practice. Mark Harding is leaving the investment banking subsidiary of UBS after four years and will be replaced by Warburg Dillon Read’s current general counsel for the US, Bob Dinerstein. Harding joined UBS in 1996 from Clifford Chance where […]

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