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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

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PwC enters talks with top Madrid firm in move to become number three in Spain

Big five accountant Pricewaterhouse Coopers is in merger talks with 52-lawyer Madrid firm Estudio Legale to create the third largest national firm in Spain. The merger will be the second between a Big Five accountant and a law firm after J&A Garrigues and Arthur Andersen joined forces to create a 550-lawyer firm in January 1997. […]

Australian appointments

Top five Australian firm Clayton Utz has taken on Paul Armarego as a partner and Wal Jurkiewicz as a senior associate.

In brief: Finance barrister heads to Howard Kennedy

Peter Droussiotis has joined London firm Howard Kennedy as head of the corporate insurance group. A barrister and former senior corporate finance adviser with Price Waterhouse, Droussiotis specialises in domestic and cross-border mergers and acquisitions, joint ventures, disposals, general corporate law and non-contentious insurance.

No such thing as easy money

Although US firms may offer vast salaries, City lawyers may find that other resources are distinctly lacking, warns Richard Tyler. In recent years US firms have successfully tempted a string of high-profile lawyers away from top City practices by waving briefcases full of dollar bills. But perhaps lawyers should stop to make sure that the […]

Lawyers at play

Race horses, exhibitions, concerts and conferences are all sponsored by firms. But now Cheltenham firm Bretherton Price Elgoods has taken the concept to new heights. At the Cheltenham festival of literature the firm sponsored Chris Patten, the ex-Tory MP and former governor of Hong Kong. He gave a sell-out talk about his new book about […]

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