Eversheds says China/EU talks will lay some foundations for positive investment activity

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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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Garden leave: 12-month restriction upheld by High Court

By Katy Meves The High Court has granted an injunction to keep an employee on garden leave for the whole of his 12-month notice period. The recent decision in JM Finn & Co Ltd v Holliday demonstrates that garden leave clauses can be a very helpful tool for an employer dealing with an employee who […]

Eversheds says Court of Appeal decision sends a ‘clear message’ on Jackson reforms

Glenn Newberry, head of costs at Eversheds, has commented following a Court of Appeal judgment regarding costs in the Andrew Mitchell v News Group Newspapers case. Newberry said: ‘The Court of Appeal has sent a clear message to practitioners that breaches of the rules will no longer be tolerated and sanctions introduced by the Jackson reforms, […]

Partnerships under pressure: part one

By Niall Murphy The Revenue has announced a number of measures — and, for the arrangements covered by this article, has already implemented the measure — to crack down on what it perceives as the use of partnerships for tax avoidance purposes. In all cases, they counteract what have been reasonably standard and long-term planning measures. […]

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Supreme Court rejects B&B owners discrimination appeal

Christian guest house owners who refused to allow a couple to take a double room because they were gay have had their appeal rejected by the Supreme Court. The B&B owners, Hazelmary and Peter Bull, instructed Matrix Chambers’ Aidan O’Neill QC to take their appeal to the court after the Court of Appeal (CoA) found […]

Karanovic & Nikolic hosts event on transfer pricing in Serbia

More than 50 participants have attended an event hosted by Karanovic & Nikolic on the implementation of transfer pricing in Serbia. Tax partner Tanja Unguran elaborated on the legal implications of the newly imposed transfer pricing study, which is obligatory for all Serbian companies to file. Aleksandra Raach, regional transfer pricing head, provided participants with insight on the practical […]

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