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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

Singapore

Singapore’s former deputy prime minister joins Drew & Napier

Singapore’s former deputy prime minister Shunmugam Jayakumar has retired from his long-standing political career and will take a consultancy role at Singaporean firm Drew & Napier. Jayakumar will join Drew & Napier, Freshfields Bruckhaus Deringer’s former joint venture partner in Singapore, on 1 May to spearhead its practices in international law, international trade and constitutional […]

family

Job watch: Family law

As practice areas go, they don’t get much more emotionally demanding than family law. Unfortunately, it generally does not pay as well as corporate or banking. This fact of life tends to mean there is often a scarcity of the highest quality candidates. As Philip Jennings, a senior consultant at JLegal, puts it, “Due to […]

riyadh saudi arabia

Split up in Saudi

HSF and Fasken Saudi links run into the sand The legal market has again cranked out the ‘it’s not you, it’s me’ cliché, with both Herbert Smith Freehills and Fasken Martineau ending ties with their local Saudi partners last week. The former says its break-up with Saudi firm Al-Ghazzawi was down to developing “in ways […]

Chris de Pury

BLP management rejig sparks client base shift

BLP shake-up sees firm facing up to a world of changed priorities First corporate head John Bennett moves to an international role. Then real estate head Robert MacGregor becomes chairman, to be replaced by Chris de Pury. Berwin Leighton Paisner(BLP) is seeing a generational shift in its departmental leadership. At least de Pury’s accession continues […]

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