Europhobia out of all proportion

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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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SJ Berwin hires financial expert

City firm SJ Berwin has appointed a financial services high flyer to advise its clients on new regulations. Glenda Davies was formerly director of regulatory policy at the non-governmental regulatory organisation the Securities and Futures Authority (SFA), and has helped to draft many pieces of financial legislation. SJ Berwin believes she is the first internal […]

Jacko's grief costs insurers a mint

Superstar Michael Jackson’s heartbreak at the death of Diana, Princess of Wales, looks set to cost Lloyd’s underwriters $1m. And in the process, the finest minds in the UK insurance market have been focused on an important point of insurance law. Lords Justices Clarke, Nourse and Aldous have ruled in the case of Quinta Communications […]

Linklaters spearheads Dixons' foreign growth

Linklaters & Alliance and Norwegian firm Wikborg Rein & Company have landed work on Dixons’ first foray into Europe. Rupert Pearce, corporate partner at Linklaters, is leading a team of three lawyers advising Dixons on its £444m purchase of Norwegian retail group Elkjop. Einar Greve, corporate finance partner at Wikborg Rein, provided advice on domestic […]

Vizards warns insurance bar

The insurance bar has been issued with a stern warning that it faces a bleak future unless it dramatically improves the service it offers to solicitors and insurer clients. Martin Staples, senior partner of Vizards Staples & Bannister, told The Lawyer’s chambers management seminar last week that there will be less and less work going […]

B&M hires head of tax from KPMG

Baker & McKenzie has found a head of tax for its Madrid office, as the global firm builds its international tax group. Partner Isabel de Otaola y Ubieta has joined the firm from KPMG’s Spanish law firm to take over leadership of the Madrid-based tax team. The position she fills became vacant following the departure […]

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