Simmons suffers Chinese burn

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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

German offices suffer in lawyer merry-go-round

Looking at the past few months, you may be forgiven for thinking that the trend in Germany at the moment is for mass walkouts. In Berlin Lovells lost its five-person banking team, when all of the lawyers involved decided to set up camp alone. Over in Frankfurt, meanwhile, Heussen had its office raided for eight […]

Glaisyers lands Cobbetts property partner

Glaisyers has hired Cobbetts partner Eric Quirk to strengthen its commercial property team. Quirk, who specialises in property development and investment, leaves Cobbetts after three years as a partner to join Glaisyers. Quirk told The Lawyer: “I chose Glaisyers as it’s a less management-driven, very enthusiastic midmarket firm. Even quite large clients often feel overcharged […]

The new old boss at A&O

Congratulations to Allen & Overy managing partner David Morley, whose partners have just given him a vote of confidence by extending his term by another year, as revealed yesterday on www.thelawyer.com. The managing partner term now runs parallel with that of the senior partner – a post that will become vacant in a couple of […]

Grand plan

Tulkinghorn is a voracious consumer of new knowledge, so a big ‘thank you’ goes to Birmingham firm Shakespeares for pointing out that 23 September is Grandparents Day. Tulkinghorn’s grandparents, were they still around today (God rest their souls), would be getting a big apology for his oversight. What is slightly less admirable was Shakespeares’ exploitation […]

JPMorgan pushes ‘Pride’ diversity initiative to firms

JPMorgan assistant general counsel and managing director Tim Hailes spearheaded a major diversity campaign for gay, lesbian, bisexual and transgender (GLBT) employees in London and signalled his intention to open discussions on the topic with the bank’s external advisers in the City. The move came as a Law Society report into private practice GLBT diversity […]

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