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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

In brief: Addison secures harassment conviction

Former Crown Prosecution Service (CPS) prosecutor Neil Addison has secured the first convictions of campaigners or demonstrators under the Harassment Act since it came into force last year. Two animal rights protestors have been banned from going within half a mile of a Nothumberland mink farm. Addison, an expert on the Act, had prosecuted the […]

Law Soc comes under fire for tightening up conveyancing conflicts of interest rules

The Law Society has introduced a new rule on conflicts of interest during conveyancing transactions – ignoring calls by the Council of Mortgage Lenders (CML) that this would push up house prices. The Law Society Council voted last week to introduce a rule clarifying the responsibilities of solicitors who jointly represent both the home buyer […]

Flotation

Details of deals should be sent to the City editor

Firms mount bid to block restrictive Hungarian law

FOREIGN lawyers in Bud-apest have launched a last-ditch effort to persuade the Hungarian government to rethink a proposed new law restricting their ability to practise in the country. The proposed law is currently before a parliamentary committee, which is expected to decide the final shape of the bill. As it stands, the ruling would require […]

Property

Berwin Leighton acted for Imry Holdings on its £121m disposal of the Halogic portfolio to PRICOA Property Investment Management, advised by Cameron McKenna.

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