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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

Firm keeps mum on Mowlem backdown

CLIFFORD Chance is saying nothing over the embarrassing £20 million failure of its client Mowlem in a long-running legal action, which resulted in profuse apologies to the defendants and an offer to pay all parties’ legal costs. Other London lawyers are speculating how such a large case could go so wrong, at such expense, and […]

Derbyshire courts told to clean up their act

DERBYSHIRE Magistrates Courts Committee (MCC) has been told to improve its “inappropriate” arrangements for dealing with prisoners and security arrangements for the safety of court users. Conditions in “many” of the MCC’s 11 courtrooms “are very poor,” according to a report by the Magistrates Courts Service Inspectorate (MCSI) published last week. These include magistrates having […]

No stigma in advertising, claims ABA

THE LEGAL marketplace is competitive and lawyers need to make “client development efforts” to keep ahead of the game, the ABA’s advertising commission says. Staff counsel to the commission William Hornsby told lawyers the stigma attached to advertising was unfounded and theories that good lawyers did not need to advertise had been overturned by the […]

Company launches franchise service

A BRISTOL-BASED consultancy firm is marketing a franchise assessment service on the coat tails of the Lord Chancellor’s vigorously pro-franchise reform Green Paper. Management consultants Allery Scotts, which will carry out an on-site initial assessment to the Legal Aid Franchise Specification for £99, said that four firms had already signed up for a visit. “Most […]

In brief: Group tackles motorists over smog

The environmental law and resource centre Earthrights has issued a compensation claim to the Motor Insurers Bureau on behalf of an asthma sufferer who was confined to her bed for two days after an asthma attack triggered by smog. The bureau handles compensation claims on behalf of untraceable drivers and Londoner Brendalyn Fougeras-Lavergnolle is blaming […]

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