Deutsche Bank lawyer quits top job

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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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Greeks bearing ships sunk by paper-chasing trainee

Nick Newling works for the Government Legal Service, but we are not allowed to tell you which department. This is not a matter of state security, it is simply that his boss does not want his position to become known and, like any 26 year-old new recruit, Newling does not want to upset them. On […]

Quote of the week

“Anyone and any member of this house may find himself in a police station. He may kill someone with his car. He may be wrongly identified in a public lavatory…” – Lord Hutchinson of Lullington uses the famous public lavatory defence in speaking out against public defenders in the House of Lords.

Property

A team at Rowe & Maw comprising Stephen Walsh, Nigel White, Iain Thomas and assistant, Sahba Akhavan, advised the Nationwide Building Society in advancing a property loan facility of £93.3m. The facility is available to limited liability partnership, the Apsley Property, formed by Frogmore Estates, advised by Titmuss Sainer Dechert and Clyde & Co, and […]

Malaysian bar move to block foreigners

THE MALAYSIAN Bar Council is protesting strongly against a decision to allow foreign lawyers to practise there. At present, foreign lawyers can only act as consultants in designated areas and offer their services in offshore matters. New rights for foreign lawyers to follow enactments made 20 years ago under the Legal Profession Act 1976 only […]

Will Europe steal a march on the City?

Judith Mayhew, chairman, Wilde Sapte Alan Peck, chief executive, Freshfields Dorothy Livingston, partner, Herbert Smith Might the City be about to lose its position as the world’s leading financial centre to Paris or Frankfurt? According to the report Le Prix de l’Euro, published last week by an independent financial think-tank, factors ranging from the growth […]

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