SJ Berwin lawyer quits for Martineau

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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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Slaughters dishes out associate pay rises

Slaughter and May has boosted its trainee and newly qualified pay, now offering one of the most generous packages of UK-headquartered firms. Slaughters’ trainees will now be paid £38,000 for their first seat and £43,000 for their second, a rise of over 5 per cent. Meanwhile, its newly qualified (NQ) lawyers will now take home […]

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Irwin Mitchell takes lead on Legal Services Act

Irwin Mitchell was quick to launch new initiatives with the Automobile Association (AA) and RAC last week, just days after the Legal Services Bill received Royal Assent. The national firm is aligning itself with leading high street brands that are seeking to break into the legal sector when the Legal Services Act takes effect. Head […]

Addleshaws leads NHS group PFI scheme

Addleshaw Goddard has acted for Lincolnshire Primary Care Trust, Leicestershire Partnership NHS Trust and Derbyshire Mental Health Trust on a trio of hospital and ancillary services deals worth a total £76.5m. Dubbed the Three Shires Batched PFI Scheme, the project has so far been given the go-ahead for the development of the Lincolnshire Community Hospital […]

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Credit crunch prompts CC redundancies in NY

Clifford Chance has laid off six associates from its structured finance group in New York. The lawyers worked in a practice group that worked exclusively for credit rating agency Standard & Poor’s (S&P) and the work for that group has stopped following the credit crisis. A Clifford Chance spokesperson said: “This is a direct response […]

Lovells steps in to Second Life for pro bono fiesta

Lovells has embraced the power of technology to celebrate Pro Bono Week in cyberspace. From Monday (12 November) and running for a week Lovells will set up a stall in Second Life’s virtual world to mark a decade’s worth of pro bono work at Lovells. The exhibition showcases current and former pro bono clients including […]

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