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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 […]

Recommended

Criminal case review body to face radical shake-up

The Home Office is threatening to instigate a shake-up in the commission that looks into suspected miscarriages of justice in a bid to clear the backlog of cases. A Home Affairs Select Committee is due to report on the Criminal Cases Review Commission in the next few weeks. Labour MP Paul Stinchcombe, who sits on […]

BAe threatens unethical firms

British Aerospace (BAe) is demanding that firms prove a commitment to pro bono work, or risk being kicked off its panel. The blue chip client’s call comes as companies increasingly review law firms ethical behaviour. BAe legal director Stuart Caroll has written to the company’s panel firms asking them what pro bono work they are […]

A Guide to Commercial Forum Shopping For In-House Lawyers

INTERNATIONAL commercial lawyers usually conduct their forum shopping in advance of disputes, avoid the US and, as a result of the Woolf reforms, are now more likely to use the UK courts. Since the early 1990s, commercial courts in the European Union have allowed parties to bring actions in the forum of their choosing. The […]

Don't put criminal law above civil

Vicki Chapman warns that by making criminal cases a priority in the legal aid budget, the Lord Chancellor will be playing a dangerous game. Vicki Chapman is the policy director at the Legal Action Group. The Lord Chancellor recently revealed that funds for civil legal aid could be squeezed if there is a heavy demand […]

Rivals snap up axed DAC lawyers

Sixteen of the solicitors made redundant from Davies Arnold Cooper have been scattered around four rival firms. The 16 have been divided between Garretts, Hammond Suddards, Addleshaw Booth & Co and Halliwell Landau. The Lawyer understands that Hammond Suddards is also about to finalise an agreement with three partners at DAC. Garretts is recruiting four […]

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