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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

Linklaters acts for BP in liquid gold takeover

Oil is indeed turning out to be liquid gold for Linklaters. The firm is acting for BP Amoco in its proposed u15bn-plus takeover of US oil group Atlantic Richfield (Arco). The deal, announced last week, will be the second huge transaction Linklaters has worked on for BP in under a year. The firm acted for […]

Survey reveals threat to mid-sized sets

Medium-sized barristers’ chambers are being squeezed out of the profession, according to the most comprehensive survey ever of the Bar. Chambers with between 11 and 30 members are the most vulnerable with more sets in this category losing members than gaining them. Over 50 per cent of barristers switching sets moved to larger sets with […]

New insurance for PI cases

Lawyers are welcoming a legal insurance firm’s new conditional fee policies which cover pre-proceedings disbursements in personal injury cases – even if a case is abandoned before it reaches court. A spokesman for Essex-based Amicus Legal says he believes that it is the only company offering policies on a case-by-case basis, which will cover the […]

Baker & McKenzie launches fourth German office

Baker & McKenzie is opening a new office in Dusseldorf – the firm’s fourth base in Germany. The Dusseldorf office, with two partners and three associates, will concentrate on mergers and acquisitions, capital markets, general business and commercial law. German partners Hans-Jorg Ziegenhain and Jurgen Mark will head the team. The move will strengthen the […]

Barristers' pay is more than enough

Your article “Barristers fight solicitors for share of a shrinking market” (The Lawyer, 21 June) suggests barristers can compete effectively on price by charging a “very low rate” of #50 per hour, and that their overheads are around 25 per cent of earnings. Let’s do some calculations on this. Suppose these barristers work for 30 […]

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