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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 system in disrepair

IN ITS drive to stand out from the crowd, one firm of solicitors is using a new marketing strategy. According to Manchester City Council, the firm employs a man to sit under an umbrella by various pubs in the city’s Newton Heath area. He holds a board covered in pictures of council houses in disrepair. […]

UK lawyers in UN mission

Senior British lawyers have been training UN prosecutors acting in the International War Crimes Tribunal for the former Yugoslavia. A delegation, led by Justice Hooper and including the 1998 Bar chairman Heather Hallett QC, was in the Hague over the weekend to improve the advocacy techniques of the international prosecution team. Hallett, who was one […]

Report signs SIF death warrant

The Solicitors Indemnity Fund (SIF) is facing abolition in the light of a planned introduction of a master policy of insurance to run alongside an open market scheme. The master policy means the Law Society would buy personal indemnity from commercial insurers to cover the legal profession, as opposed to the current mutual fund. The […]

Ian Bell

Ian Bell was there for the first deals of the fledgling European asset securitisation market. Now New York credit analyser Standard & Poor’s has snatched him up with a specially-created post. Sean Farrell reports. If you need evidence of the euro’s potential impact on the legal profession, look no further than Ian Bell. The Clifford […]

Muck flies in design rights appeal

A dispute over unregistered design rights in the Court of Appeal has broken new ground in intellectual property law. The machine at the centre of the dispute is a slurry separator, designed to displace the dung heap and the muck-spreader from the English rural landscape. In March 1997, Farmers Build, which marketed the separator, claimed […]

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