Conference awards Mandela honorary IBA membership

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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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A profession divided?

The Bar Council AGM, in the panelled Great Hall at Lincoln’s Inn, amply demonstrated two distinct groups co-existing at the Bar. Each group held such entirely contrary views of the world that they could only call to each other distantly across the void. One represented the middle ground. This included many of the regional and […]

Ethics threatened by hard-up profession

POVERTY is the greatest threat to ethics facing the legal profession, with lawyers being tempted to take on dubious cases in an effort to compete with the “billable hour syndrome”, the Law Society’s secretary general says. Speaking at the International Bar Association’s eighth biennial conference of the Section on General Practice, Law Society secretary general […]

Dentons picks up Pakistan telecomms contract

CITY firm Denton Hall has been signed by the Pakistani government to act in the planned sale of a US$1.5 billion share portfolio from the Pakistan Telephone Company. The sale, to an international telecomms group, is being handled by a consortium which includes Denton Hall, accountancy firm Coopers & Lybrand and merchant bank Morgan Grenfell. […]

Irish 'whistle blowing' bill gets rewrite

The Irish Republic has passed a revamped Finance Act after solicitors won their fight against being legally compelled to report tax evasion to the Revenue Commissioners. They had claimed that to do so would contravene the traditional lawyer/client relationship and undermine the citizen’s constitutional right against self-incrimination. The proposal, covering auditors, accountants and tax advisers, […]

Sinclairs' shipping team sails to rival

SHIPPING firm Sinclair Roche & Temperley lost another batch of key staff last week as eight lawyers – including four partners – quit to join a rival practice. The departing members of Sinclair Roche’s shipping group will join Stephenson Harwood to strengthen its expanding maritime division. They follow on from the departure announced two weeks […]

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