A bonny buik for Sassenachs

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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

Elly calls on Turkey to release captives

LAW Society President Charles Elly has urged the Turkish government to release two human rights lawyers “without delay” following their arrest in the Kurdish district of Diyarbakir. In an open letter to Turkish president Suleyman Demirel, Elly says that the arrests of Sinan Tanrikulu and Firat Anli, the latest in a series of actions against […]

Top results in insolvency examinations

Solicitors taking the exams to become insolvency practitioners have done better than ever before by achieving a near-50 per cent pass rate and performing better than the accountants. Thirteen solicitors sat the Joint Insolvency Examination Board, out of 350 candidates, who were mainly accountants. Six of the solicitors passed, two were referred in only one […]

London salaries upturn

WEST End and City law firms have reported significant increases in their wage awards in a new legal salary survey. Forty per cent of London firms approached in the 1995 Michael Page Legal survey said they awarded staff wage rises of between six and ten per cent last year. In 1993 16 per cent handed […]

UK partner starts action on German cash scandal

LONDON solicitor David Greene is at the centre of a legal campaign by English and German creditors to secure over DM600 million (u240 million) from disgraced German investment adviser and alleged fraudster Jurgen Harksen. Greene, partner of London firm Edwin Coe, worked with South African lawyers in Cape Town to secure a rare Mareva injunction […]

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