FCA succeeds in reversing stay in Operation Cotton trial

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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

Schoenherr advises VB-Leasing on sale of subsidiaries to Getin Holding

Schoenherr has advised VB-Leasing International (VBLI), the joint venture between Österreichische Volksbanken-AG (ÖVAG) and German VR-Leasing AG, on the sale of VB Leasing Poland and VB Leasing Romania to Polish company Getin Holding SA.  The relevant agreement was executed on 15 May 2014. With the sale, the two companies have achieved another milestone in their […]

SRA

Lawyer jailed for bribery in the US struck off by SDT

A solicitor jailed for 21 months following US bribery charges has been struck off by the Solicitors Disciplinary Tribunal (SDT) and ordered to pay £7,000 costs. The SDT found that Jeffrey Tesler’s actions “constituted a failure to act with integrity and a failure to uphold the confidence the public has in the profession” following his […]

Cat Griffiths index

The power of working in concert

Our new industry leaders’ viewpoint page (p10 in this issue) is going down a storm among readers, not least because our participants refuse to sit on the fence. First, we had Sir Nigel Knowles saying he thought fracking was a good idea, but that the Foreign Office’s idea to introduce new contract sanctions was dangerous. […]

No5’s Chelvan and Brownhill set to speak at The Public Law Project North Conference

No5 Chambers members S Chelvan and Ian Brownhill will be speaking at The Public Law Project North Conference 2014, which will be held in Manchester on 17 July. Chelvan will be presenting a session titled ‘A Year in Judicial Review’ and will also sit on the panel for the debate ‘How Will People Challenge Government Decisions Following the Judicial Review and Legal Aid […]

Does the partnership model matter?

Macfarlanes senior partner Charles Martin tackles the sector’s biggest white elephant this week: is partnership an idea on the brink of extinction?  That Addleshaw Goddard is reeling from a managing partner election shrouded in the 10-year legacy of a north-south merger and Pinsent Masons is preparing for a similar period of managerial uncertainty, highlights precisely […]

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