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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

Sungard in hunt for Asia general counsel

Software company Sungard is looking for a senior lawyer to run its Asia-Pacific legal team after revealing plans to grow and acquire technology companies in the region. The general counsel position for Asia is a newly created role. Howard Wallis, general counsel for Europe, the Middle East and Asia, currently oversees transactions in Asia. Last […]

High Court upholds block on disclosure rules

A High Court ruling has kept in place a block on new disclosure rules that would have opened up court files to the public for all cases. At a court hearing this morning, Mr Justice Keith maintained an interim declaration until a judicial review on 2 November. As reported on www.thelawyer.com (3 October), Schillings, representing […]

Diageo shores up in-house nous

Bucking the trend of in-house consolidation, global drinks giant Diageo has moved to expand its worldwide in-house legal function, hiring its first Indian-based regional counsel and creating two new positions in China. The company hired Chetan Nagendra from the Bangalore office of local firm Amarchand Mangaldas. He becomes the fifth Asia-Pacific in-house lawyer for the […]

Media calls in Caldecott to fight disclosure injunction

The Law Society is to face the wrath of the world’s media organisations after it won a last minute injunction on new disclosure rules for court documents. The Times Newspapers litigation head Gill Philips has instructed libel defence specialist Andrew Caldecott QC at One Brick Court to confront the Law Society at Thursday’s High Court […]

Linklaters-KPMG share £5m for two-month job

Linklaters and KPMG are to split a pot of £5m for a two month investigation into the accounts of building company Interserve. In August. Interserve launched an investigation and suspended six senior managers from its industrial services division, which has clients including Heathrow Airport and BP, after finding a £25.9m hole in the accounts. Linklaters […]

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