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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

Pressure mounts to ease Dutch MDP rules

ERNST & Young has joined Price Waterhouse and Arthur Anderson in trying to set up multidisciplinary practices in the Netherlands. Moret Ernst & Young Tax Advisors, the largest firm of tax advisers in the Netherlands, has drawn up a contract to share profits and losses in what it calls a “strategic alliance” with Eindhoven and […]

New hope for officers after Hillsborough

Police officers who lost a damages claim for post traumatic stress syndrome contracted as a result of their involvement in the Hillsborough football disaster are hoping to benefit from last week’s out-of-court damages settlement awarded to other officers who were at the incident. Simon Allen, a partner in Russell Jones & Walker, the firm acting […]

Thumbs up for African court

The International Bar Association has agreed to back the formation of an African Court of Human Rights, to act where African state courts have failed. Nutifafa Kuenyehia, past-president of the Ghanian Bar Association, who proposed the motion at the IBA Council’s Madrid meeting on 1 June, said: “The idea for this court came from law […]

Mears asks Bogan to stand down Richard Wachman

Law Society president Martin Mears has made a dramatic eleventh-hour plea to presidential challenger Tony Bogan to reconsider his decision to stand for election. Mears told Bogan, a former political ally, he risked splitting the reformist vote and “allowing the Old Guard back to power via the back door”. Next month’s presidential election will be […]

A question of scale

Charity administration has undergone massive changes during the past few decades and this has raised questions about the role of the charity trustee. For example, should the trustee be paid for work which is, by definition, of benefit to the community? Whereas trustees would have been heavily involved in the management and implementation of policy […]

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