Cooley Goddard loses partner of 10 years

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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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Croatian judiciary trains for war crimes

A TRAINING programme for Croatian judges and prosecutors has been launched to ease the burden on the International Criminal Tribunal for the former Yugoslavia (ICTY). The ICTY has been given until 2010 to wind up, although 2008 is the target. It is hoped that the training programme will enable some of its war crimes cases […]

Work-life quiz

What was your first ever job? Waiter in an American-themed restaurant.What was your worst experience as a trainee?Examining title deeds.Where’s the best place to go if you want to find out what’s really going on in the office?I never disclos… What was your first ever job? Waiter in an American-themed restaurant. What was your worst […]

BNP Paribas boss goes private

The former head of legal at BNP Paribas in Switzerland has left the investment bank for a second time to return to private practice, after moving to Pestalozzi Lachenal Patry. Gilles Thieffry (left), a former member of the executive board in the Swiss office of BNP Paribas, joined Pestalozzi’s Geneva office on 1 June as […]

Appealing court

After hours of hearing skeleton argument and days of judicial deliberation, the Employment Appeal Tribunal (EAT) has at last ruled that courts no longer have to phone litigants to ask whether they will be able to attend on time for the hearing. This is great news and shows the far-sighted thinking of the EAT. After […]

Clementi warned that independence is critical

The legal profession last week welcomed Sir David Clementi’s ‘Review of the Regulatory Framework for Legal Services’, but warned against compromising lawyers’ independence. Clementi asked for opinions on three regulatory models, as well as complaints handling and alternative business structures. The consultation period ended last Friday (4 June). None of the professional bodies support the Financial […]

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