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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

Shearman loses two German partners to Taylor Wessing spin-off

US firm Shearman & Sterling has lost a partner each from its Düsseldorf and Munich offices to Taylor Wessing spin-off Glade Michel Wirtz. The moves mark a new era of growth for the specialist boutique, a Düsseldorf-based corporate and competition outfit founded in 2007 by three Taylor Wessing partners (19 March 2007), as it is […]

Dentons India: how the fixer crossed the line

SNR Denton has finally got to close the book on a long-running bribery saga, after its former India head was ordered to pay costs to the firm and its insurers (see story) for her involvement in wheeler-dealing. The case stemmed from a 2008 negligence claim against legacy firm Denton Wilde Sapte by two Indian company […]

The new republic

The changing nature of the Czech Republic’s infrastructure is presenting domestic law firms with opportunities never before seen in their lifetimes The Czech Republic has a murky record in public ­procurement. ­According to an independent study by zIndex, €13.7bn (£11.4bn) worth of public tenders went unaccounted for in Czech government records between 2006 and 2010. […]

Where’s LeBoeuf?

It was looking like a pretty safe bet that the biggest law firm stories this year were going to be about mergers. But then Dewey & LeBoeuf happened. Around 52 partners have left Dewey since January amid talk of missed targets and controversial pay reviews, lighting up the business pages on both sides of the […]

By hook or by crook

Gareth Pierce denounces ECHR decision to let US justice system try terror suspects The extradition saga of radical cleric Abu Hamza put the controversial UK-US extradition treaty under further scrutiny last week, leading to criticism that terrorism-focused legislation was being misapplied in the cases of Sheffield student Richard O’Dwyer, retired businessman Christopher Tappin and computer […]

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