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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

McGrigor Donald plans UK growth

Scotland’s largest law firm, McGrigor Donald, is on an expansion drive with joint ventures planned for the US and new offices being considered in both England and Scotland. The 55-partner firm says it has rejected several merger offers from Dibb Lupton Alsop and is planning to expand alone, its managing partner reveals. The firm is […]

Nabarros new partners down

Nabarro Nathanson has appointed half the number of internal partners compared with last year. There have only been five internal promotions to partnership in the London office, in contrast with the nine partners announced last year. In April 1998 six were appointed in the London office, two in Sheffield and one in Reading. Partner David […]

Square Mile

Newcomers to the legal profession will take the need to adapt in their stride but some of us who are already senior practitioners, including members of our judiciary, will not. Experience, one of the hallmarks of a worthwhile senior lawyer, will not be enough in times when the value of familiarity with established procedures is […]

Transport

Mishcon de Reya partner Grant Gordon (pictured) advised vehicle managers Minorplanet Systems on revising its option arrangements with GE Capital. Total options have an estimated value of u15m. Neil Vickers of Denton Hall advised GE Capital. Grant Gordon and assistant solicitor Clare Adams also advised Minorplanet on its strategic alliance with Integrated Transport Information Services […]

Davis Polk plans London expansion

Davis Polk & Wardwell, one of Wall Street’s largest US firms is expanding its London practice after it moves to new buildings in the City. The firm, which has been based in 1 Frederick’s Place for the last 12 years, will move into 99 Gresham Street in the autumn. Keith Kearney, managing partner of the […]

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