City firms break work time law

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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 […]

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Encouraging words for SIF

Although it will displease many of my colleagues, I support the retention of the Solicitors Indemnity Fund. As a solicitor working in a small firm, I don’t have the time or the desire to pile through pages of glossy brochures to find the best open market insurance deal for myself. More importantly as a solicitor […]

In-house barristers threat to split from Bar Council

The UK’s main in-house barristers’ group has threatened to split from the Bar Council if the extended rights of audience provisions for employed lawyers are dropped from the Access to Justice Bill. The warning from Bar Association for Commerce, Finance & Industry (Bacfi) chairman Susan Ward comes just days after the chairman of the Law […]

Streamlining trend takes over City

DAVIES Arnold Coopers’ decision to axe its Manchester corporate practice is the latest in a series of hard-headed measures by firms looking to streamline and concentrate on their core practice areas. Last week Simmons & Simmons announced it was relocating its entire seven-strong immigration team to Kingsley Napley – in an amicable arrangement, having decided […]

A Guide to Commercial Forum Shopping For In-House Lawyers

INTERNATIONAL commercial lawyers usually conduct their forum shopping in advance of disputes, avoid the US and, as a result of the Woolf reforms, are now more likely to use the UK courts. Since the early 1990s, commercial courts in the European Union have allowed parties to bring actions in the forum of their choosing. The […]

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