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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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DAC raids Stephenson Harwood, Manches to bolster insurance group

Davies Arnold Cooper (DAC) has made two senior partner hires from Manches and Stephenson Harwood. Paul Howick, currently Stephenson Harwood’s head of insurance and reinsurance, will join DAC in April. His practice spans the insurance sector, shipping and energy, as well as corporate restructuring and insolvency. Meanwhile Manches partner Ross Risby has already moved to […]

CC’s Davis elected vice-president of LSLA

Clifford Chance litigation partner Simon Davis has been elected as the new vice-president of the London Solicitors Litigation Association (LSLA). Davis, who is also the Law Society council member for the City of London, was elected at this week’s annual general meeting of the LSLA. He was previously the association’s treasurer, and will be succeeded […]

Outer Temple QC monitors Azerbaijan trials for OSCE

Outer Temple Chambers silk Paul Garlick QC has been acting as an international monitor for the Organisation for Security and Cooperation in Europe (OSCE) in its fight for justice reform in Azerbaijan. The OSCE contacted Garlick last year to ask him to monitor the last in a series of criminal trials in Azerbaijan. The defendants […]

Nauta helps Sara Lee see off the BEUC

Nauta Dutilh has won a victory for consumer products giant Sara Lee against the European Consumers’ Organisation (BEUC) in a Dutch court. Litigation partner John Allen, supported by just one associate, acted for Sara Lee to prove that its air fresheners did not pose any health risk. Sara Lee launched proceedings after claims made by […]

Freshfields underperformers in firing line

Freshfields Bruckhaus Deringer partners have voted through sweeping changes to the firm’s constitution that will make it much easier to remove underperforming partners Partners voted in favour of the changes in an email vote on 18 February following a consultation period that began last November. The magic circle firm drew up plans last year to […]

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