Firms 15 years behind in IT use, says survey

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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

Flotations

Bird & Bird acted for interactive educational publisher The Q Group on its £4m flotation on AIM. Titmuss Sainer Dechert acted for Deloitte & Touche corporate finance

Three's company for panel

Clifford Chance corporate assistant Guy Norman has been seconded to the Takeover Panel as a joint secretary for two years. He is the third member of the panel’s law team – a Herbert Smith and a Linklaters & Paines secondee are already on it. The panel chooses from City law firms in rotation.

OFT scuppers mortgage deal

The Office of Fair Trading has threatened to refer the results of two years’ negotiations between the UK’s major building societies and solicitors to standardise mortgage instructions to the Monopolies and Mergers Commission (MMC). The Law Society and more than half the lending industry will now have to go back to the negotiating table on […]

Eversheds beats rivals to win Hambros conveyancing deal

Eversheds fought off the efforts of more than 40 other firms to secure a joint seven-day-a-week conveyancing deal with estate agents Hambro Countrywide. Under the deal struck with Hambros, Eversheds will handle conveyancing referrals from two Hambros’ conveyancing centres proposed for Manchester and Bristol. The firm follows Shoosmiths & Harrison and Middlesex firm EDC Lord […]

Litigation Disciplinary Tribunals 22/04/97

John Hynd Alexander, 52, admitted 1971, practising at material times as A Alexander & Co, Cranleigh, Surrey, struck off and ordered to pay £5,721 costs. Allegations substantiated he misused client money for his own purposes and failed to comply with solicitors accounting rules. Tribunal told investigation of his books showed minimum cash shortage of £50,191. […]

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