Time to cut the silken thread

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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

So far, so what?

LSB interim report inconclusive on impact of LSA The overarching message of the Legal Services Board’s (LSB) interim report into what impact the Legal Services Act has had on the profession is a resoundingly non-committal ’it’s too early to tell’. Critics say five years is a long time to wait for just three approved alternative […]

In through the out door

Shearman influence spreads as lawyer becomes GC at client Citigroup It is hardly normal for a firm to put an announcement on its own website about a partner leaving. But then Shearman & Sterling senior partner Rohan Weerasinghe’s departure to join Citigroup – first reported by TheLawyer.com on Tuesday (3 April) – was no ordinary […]

Court of Appeal: agreed Dennison should be struck off

Get toughed

SRA cracks down on rogue lawyers, but bans its panel from defending them Lawyers are under more regulatory scrutiny than ever and the profession’s watchdog is boosting its powers to crack down on rogues. Last week the SRA welcomed a Court of Appeal (CoA) ruling against solicitor Anthony Dennison, who had appealed a decision that […]

American idols

So what first attracted you to that incredibly well-paying job at a US firm? US firms have never traded much on being a lifestyle choice – not when they can simply pay so much more for their London associates than their City peers. But when we surveyed associates at international firms to find out more […]

Ashurst adds Milan corporate team from Pavia e Ansaldo

Ashurst has boosted its Italian presence with the appointment of partner Alessandro Giovannelli as head of corporate. Giovannelli joins Ashurst’s Milan office from Italian domestic firm Pavia e Ansaldo, bringing with him five lawyers. The team includes counsel Matteo Colombari and Matteo Delucchi and senior associate Fabrizio Scaparro, and focuses particularly on private equity. The […]

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