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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

Directors' pay

Manches & Co has advised three top directors on their termination packages from Forte in the wake of the company’s recent acquisition by Granada. Manches was involved in the negotiation of termination packages for Keith Hamill, finance director, David Stevens, company secretary and director of legal services, and Richard Power, director of public affairs.

Move to the provinces pays dividends for ex-Temple set

A HOME counties chambers which has just opened a new set in St Albans says it has not looked back since leaving the Temple 11 years ago. When Tindal Chambers moved out of King’s Bench Walk to set up shop in Chelmsford it had eight tenants. Now the general common law set boasts 35 barristers […]

The Lawyer Inquiry: John Gower-Jones

John Gower-Jones is a partner in the property department of Davies Wallis Foyster’s Manchester office. Born in Rochdale in 1946, he now lives in Mobberley, Cheshire. What was your first job? Deck chair attendant, Blackpool. What was your first ever salary as a lawyer? £400 a year as an articled clerk. What would you have […]

Brief

In an attempt to sort out a spot of confusion, Michael Skrein, head of litigation at Richards Butler, took daughter Philippa to work last week. “My children were concerned to hear I was acting for Sylvester Stallone,” said Skrein. “They didn’t think I had the body for it.” The move was part of the national […]

Financings

Hammond Suddards advised sports goods manufacturer Umbro UK in connection with its recent kit and products sponsorship agreements with Manchester United football club. The “substantial” sponsorship will run until 2002. Manchester United was advised by James Chapman & Co.

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