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CBI confirms details for taxonomy regulation and SFDR level 2 fast track processes

On 15 November 2021, the Central Bank of Ireland (“Central Bank”) issued a Notice formally confirming its intention to establish a fast-track filing process and also clarified the filing requirements for pre-contractual documentation updates in relation to the Taxonomy Regulation (“TR”) and Sustainable Finance Disclosure Regulation Level 2 measures (“SFDR L2”). The TR requirements will […]

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Orrick sets out UK voluntary associate pay cut scheme

Orrick Herrington & Sutcliffe has implemented UK-specific measures to tackle the economic uncertainty of Covid-19. The firm has put in place a salary reduction scheme for associates in the UK that is voluntary and refers to those who have already received their 2020 promotions and salary hikes. Under local regulations, lawyers can accept a reduction […]

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PE house Oakley fills head of legal role with Simpson Thacher hire

Private equity firm Oakley Capital has brought in a Simpson Thacher & Bartlett associate as its new head of legal. The firm has hired Aaron Kienwald, who will lead on funds-related matters relating to its €3bn- worth asset portfolio. Kienwald spent almost five years in the London private equity funds practice of the US firm, […]

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