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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

The Judge's Tale

Back in 1948, when Kerr was called to the bar, pre-reading was something judges did as an extra. “In the old days, the presentation in court digested everything for the judge,” says Kerr, who sat on the High Court Bench from 1972-81 and the Court of Appeal Bench from 1981-89. “Not only was he not […]

The City Lawyer's Tale

Mergers had happened before, mergers would happen again. But the coming together of Clifford Turner and Coward Chance was different. It was an event that would change the UK’s legal landscape and would later be the catalyst to a redrawing of the European and global legal maps. In a quintessentially British, civilised way, it all […]

Closing the deal

1999 saw a flurry of high profile mergers and acquisitions, with lawyers having to fight hard to win their trophies. Dearbail Jordan looks back at a busy year It was a deal that should never have happened. In February 1999 the Italian-based Olivetti Group launched its audacious £36.5bn bid for Telecom Italia, a company seven […]

Rozenberg

Most columns look back at this point in a millennium. This one will look forward. Not a long way, mind you: only as far as the year 2000. But what a year it will be. First, the old favourites. Myra Hindley will be back in court, challenging the Home Secretary’s decision that she should never […]

The Regional Lawyer's Tale

John Crabtree: senior partner, Wragge & Co For a week’s work in 1971, Crabtree received from Wragge & Co the princely sum of £8. He wasn’t complaining, however, because he knew there were others who were worse off. Indeed, at other firms, there were still articled clerks who were paying their principals for the privilege […]

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