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Orrick, Herrington & Sutcliffe LLP

Simplifying Leaver Provisions?

Introduction - In response to the Nuttall Review of Employee Ownership, the Government has introduced the Companies Act 2006 (Amendment of Part 18) Regulations 2013 (the Regulations) which entered into force on 30 April…more

| Commercial Law & Contracts, Labor & Employment Law, Finance & Banking,...

European Commission Consults on EU Banking Structural Reforms

On May 16, the European Commission published a consultation paper on reforms to the structure of the EU banking sector, which focuses on policy options for structural separation. The Commission is seeking views on policy options…more

| Finance & Banking, International Law & Trade

The AIFMD Developments

HM Treasury Responds to Consultation on Transposing AIFM Directive - On May 13, HM Treasury published its response to its January 2013 consultation on transposing the Alternative Investment Fund Managers Directive…more

| Finance & Banking, International Law & Trade, Securities Law

UK Prospectus Regulations 2013

On May 14, the UK Prospectus Regulations 2013 and an accompanying explanatory memorandum were published. These regulations amend sections of the Financial Services and Markets Act 2000 (FSMA) as part of the implementation of the…more

| Finance & Banking, Securities Law

April Housing Scorecard

On May 10, Treasury and HUD released the April 2013 housing scorecard,which provides information on the housing market and the Obama Administration’s foreclosure prevention programs…more

| Commercial Law & Contracts, Finance & Banking, Consumer Protection, Real...

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