At least one top City firm is known to be "seriously looking" at a new system from Wang following the troubled company's efforts to relaunch itself in the UK's legal market

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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

Ernst & Young sacks half US in-house team

INTERNATIONAL chartered accountancy firm Ernst & Young has surprised the legal world by slashing its US in-house department by more than one half. Thirty-seven of the firm’s 65 lawyers were called in on the 10 October Columbus Day holiday and dismissed. The firm’s national director of public communications, Mort Meyerson, says although staff had no […]

Novell update

Novell UK has announced that subsequent versions of Envoy, the portable document tool, can support integration with third-party components via a plug-in architecture called Envoy Extensions. This is the framework that will allow third-party developers to partially customise the Envoy Viewer by adding software components. These enhancements, available in early 1995, will complement the Envoy […]

Lawyers to figure in Westminster hearing

The Westminster corruption hearings kicked off this week with district auditor John Magill announcing that solicitor Matthew Ives would be expected to explain his involvement in the housing policy. Ives, former legal head at Westminster City Council, was not included in the auditor’s provisional list of those accused of gerrymandering. But at the start of […]

Sheffield merger makes 'cracking' unit

SHEFFIELD-based Irwin Mitchell is to strengthen its corporate practice by merging with local firm Kershaw Tudor. The firms say the merger has been under consideration for some time and has no bearing on the fact that Nabarro Nathanson is due to move into the city this month. Howard Culley, Irwin Mitchell’s managing partner, says an […]

A tax haven made in paradise

The Bahamas is the original tax haven and it still remains a favoured place for offshore funds, says Heather Thompson The Bahamas is known as “the first tax haven” and has long been favoured by the wealthy for the establishment of trusts. Its oldest trust company, the Bahamas General Trust Company, was established in 1936 […]

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