Bacfi gives scant praise to rights of audience victory

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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

Professional negligence Bar

In the professional negligence feature (The Lawyer, 17 March), Michael De Navarro QC was wrongly stated as having acted for Edward Erdman in Nykredit Mortgage Bank v Edward Erdman. In fact, Simon Berry QC of 9 Old Square acted for Erdman.

New body, new regime

A new regulatory body is to police Jersey’s finance industry. Richard Syvret explains how it will work. Richard Syvret is director of Jersey’s Financial Services Department. Over the past 40 years, Jersey has become a leading international finance centre. Trustees, custodians, administrators, accountants and lawyers make up some of the 10,000 professionals employed by the […]

In brief: Hoon takes legal aid consultation to Cardiff

Geoff Hoon, the Lord Chancellor’s parliamentary secretary, will meet Welsh solicitors in Cardiff this Thursday as part of the consultation process on proposed changes to legal aid. Two weeks ago he was due to meet solicitors in Bristol, but he cancelled after the Bristol office of the Law Society issued a press release which said […]

Problem plaintiffs in the dock

The resolution of cases involving a group of individual investors and a firm of stockbrokers has resulted in a stern warning from Jersey’s courts about the importance of avoiding dirty tactics. Michael O’Connell and Fraser Robertson report. Michael O’Connell is a partner and Fraser Robertson is an associate at Jersey firm Bailhache Labesse. The Jersey […]

CPS report on hold as Mills draws up response

PUBLICATION of the long-awaited Glidewell review into the Crown Prosecution Service has been put on hold to allow Director of Public Prosecutions Dame Barbara Mills QC to respond to the report’s findings. The Lawyer understands that the retired Court of Appeal judge Sir Iain Glidewell has conceded to a request by Mills and her senior […]

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