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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

Press fails in court reports

Because of shifting news values and cutbacks to editorial budgets, the press is failing to cover key civil and criminal court cases. Cases reflecting societal inequalities, corruption and injustice are going unreported. While every national newspaper last month carried the prosecution of It girl Tara Palmer-Tomkinson for speeding, cases revealing police corruption, pension fraud and […]

Muck flies in design rights appeal

A dispute over unregistered design rights in the Court of Appeal has broken new ground in intellectual property law. The machine at the centre of the dispute is a slurry separator, designed to displace the dung heap and the muck-spreader from the English rural landscape. In March 1997, Farmers Build, which marketed the separator, claimed […]

Cleaning up on money laundering

John Rhodes, Macfarlanes Brian Spiro, Simons Muirhead & Burton Clare Montgomery QC, 3 Raymond Buildings City lawyers who were caught napping over the latest developments in the battle against international tax evasion, could find themselves inadvertently heading for jail. The UK’s money laundering regulations – and the tough reporting duties they impose on professional advisers […]

Judging a book by its cover

SEAN Brierley (City Lawyer last week) is right to remind us that a colourful new brand is no substitute for a good reputation grounded on giving a great service to existing clients. Any firms that have forgotten this are in real trouble. Similarly, over-obsessiveness about mentions in the legal press is an ailment that affects […]

University challenger

RETIRED North London local government solicitor Lance Haward, 62, knows no fear – not even when confronted by Jeremy Paxman. His replies came so fast during last week’s episode of University Challenge, that a flabbergasted Paxman tripped over his words, spluttering “Blimey!” Haward says the thrill of quiz shows is “gladiatorial” and has already notched […]

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