Commercial litigation partner leaves Pinsents

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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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Oven-ready lawyers

Can there really be any sick children left in the UK? DLA seems to have done more charity events for the WellChild charity this year than most of said sick children have had hot dinners. Which is appropriate given that the latest event has a culinary twist. Maverick regulatory partner Mike Pullen is set for […]

Survey shows property market ‘bottoming out’

Business demand for commercial property has stabilised after nine quarters of decline, according to a survey by the RICS (Royal Institute of Chartered Surveyors). Only 2 per cent more chartered surveyors reported a fall in new sales and lettings than those reporting a rise, which compares to an average of 12 per cent over the […]

Firm profile: Fox Hayes

Unlike the city’s football team, Leeds’ Fox Hayes is on the up. The management at Elland Road could do with some of managing partner Philip Drazen’s dynamism. “We’re a very progressive practice,” says the 41-year-old former commodities trader. “We have a good business and now we’re ready to do other things. We’re aiming to make […]

Burges Salmon steers MoD through record £2.5bn PFI deal

Burges Salmon has closed the largest-ever PFI deal for the Ministry of Defence (MoD), representing a massive boost for the projects team at the Bristol-based firm. The long-running £2.5bn Skynet 5 Private Finance Initiative represents six years of work for the Burges Salmon team. The firm was picked to advise the MoD in a 1997 tender. Shortly after, the MoD […]

KLegal’s KPMG split promises headache

KLegal now faces the prospect of disruption and expense as it moves to disentangle itself from big four accounting parent KPMG. KLegal and McGrigor Donald announced two weeks ago that they were negotiating changes that will make them “completely independent” of KPMG. In order to achieve this, KLegal will have to make considerable administrative and […]

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