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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

City 'nonsense' over PFI claims

What a lot of self-interested nonsense from City PFI chieftains (The Lawyer, 3 November). Provincial firms and small practices are perfectly capable of handling PFI work competently. Like all legal services it is “horses for courses”. Large City firms are better equipped to deal with major DBFO transport projects – but it is not economical […]

1

North East can weather the storm

Every economic forecast reaches the same painful conclusion. There is an economic “slowdown”. The UK might even be heading for recession. So what. The North East has been in recession for so long it has become a way of life. The region consists of a handful of conurbations bounded on three sides by the Scottish […]

Quote of the week

“My council is now unanimously of the view that we were fundamentally misled by the representations made by, or on behalf of, the Law Society.” – Extract of a letter by Milton Keynes Law Society president Kristine Pratt published in The Lawyer this week (see page 16). In an editing technique much favoured by Pravda […]

Delegates applaud set's pro bono work

Two Garden Court has clinched the 1998 Bar Pro Bono Award. The common law set, headed by Ian Macdonald QC & Owen Davies, was singled out for its commitment to pro bono work, which includes representing bereaved families at inquests, assisting refugees seeking political asylum and appearing in Privy Council death row cases. It was […]

Injustice done to small firms

I was very interested to read your report (The Lawyer, 3 November) about the Government’s bid to stem the PFI gold rush frenzy. I was even more surprised by Denton Hall’s comment about the unacceptably low quality of service from some smaller firms. Categorising smaller or bigger firms on quality of service does not add […]

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