Dibbs celebrates 'gilt-edged' deal

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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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Bar and Law Soc warn pro bono work is 'no substitute' for legal aid

EXISTING funding for the provision of free legal advice must not be reduced if the Labour Party is successful in encouraging a greater pro bono commitment from the profession, the Bar Council and the Law Society have warned. Responding to Labour’s calls for lawyers to “make a contribution to the community” by offering their services […]

Royal Life faces court action

Two-partner Cambridge firm Ritchie Samuel is handling a writ against insurance giant Royal Life and four other defendants in connection with an alleged advance fee fraud. Other defendants include two Royal Life employees and Paul Khan, managing director of XLNC, a Stoke-on-Trent financial services firm. The action of Ritchie Samuel’s clients, former restaurant owners Mr […]

Architecture. A room with a view to do justice

The Honourable Michael Kanne is a judge of the United States Court of Appeals for the Seventh Circuit. The design of a courtroom must provide an environment which enables the proper discharge of the judge’s responsibility. This can be simply defined as insuring the fair administration of equal justice. The basic design principle is that […]

Gibraltar implications. A duty to comply with Convention

Douwe Korff is a Dutch human rights lawyer. He acted as counsel for the plaintiffs on the Gibraltar judgment. The need to amend domestic law or practice following an adverse judgment flows from the general international obligation on states to abide by their treaty obligations. Michael Heseltine’s denunciation of the European Court’s judgment on the […]

Support is the key to success

A firm will not succeed in setting up a financial services operation unless it has full support from every partner and fee earner in the practice. Southport firm Carter Hodge’s senior partner Stephen Holmes said that all partners needed to be committed to setting up of a financial services department. If not the chances were […]

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