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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

Bullish market for commercial work

LAW firms are seeing a sharp increase in commercial work in contrast to legally aided or private client work. Nearly half the firms surveyed in accountants Grant Thornton’s 1995 Solicitors’ Inter Firm Comparison found that 1995 was more buoyant than previous years. Over a quarter of firms (28 per cent) saw a decline in legal […]

Finers signs £50,000 deal with Axxia

Central London firm Finers has placed a £50,000 order with Axxia Systems. The order calls for an integrated IT system, comprising networked PCs, a Unix server from Digital Equipment and software to connect the firm’s fee earners to central information resources. At the core is Axxia’s Arista practice management system which includes Fee Earner Desktop, […]

Time for consensus not confrontation

Tony Twemlow is a partner at Cuff Roberts and president of the Liverpool Law Society. Tony Twemlow thinks that divisive Law Society politics serve no one’s interests David Thomas (The Lawyer 23 October ‘Time is ripe for constructive debate’) asked Martin Mears to stop fighting the Law Society Council and start building bridges. I may […]

Financing

The Brough Skerret Law Partnership advised Abtrust Asian Smaller Companies Investment Trust on its flotation and the placing of £35 million worth of shares. Herbert Smith advised the sponsors Panmure Gordon and Co.

Stenography and the law

The British Institute of Verbatim Reporters (BIVR) would draw to the attention of London law firms that they are unwittingly breaching Section 25 (1) of the Immigration Act 1971 when they assist in making arrangements for searching or facilitating the entry into the UK of American stenographers to engage in court reporting or the taking […]

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