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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

Washington firm poaches partners for new LA office

US firm Akin Gump Strauss Hauer & Feld has raided the Los Angeles offices of two national US firms in order to open up its own office in the city. The new Akin Gump office is the Washington firm’s second new venture this year following its opening of an office in London in May. It […]

Deloittes in Paris merger

Deloitte & Touche Juridique et Fiscal, the Paris legal arm of the Big Six accountancy firm, is to merge with French law firm Thomas & Associes in a move that will create the fourth largest law firm in France. The new firm, which will begin operating on 1 September, will bring together 200 lawyers, including […]

US lawyers turned on to Internet

Elizabeth Davidson reports The ABA uncovers cautious optimism about the potential of the Net TOP US lawyers have “embraced” technology and IT systems, according to new research. A survey carried out this year by the American Bar Association (ABA) on the state of technology among the 500 largest private law firms in the US showed […]

Do Law Society elections have a future?

Every year solicitors vote for a Law Society president, yet the position carries little power. Andrew Lockley examines the alternatives to this expensive constitutional peculiarity While national politicians held their first election for five years, the Law Society has had its third in three years. Why is the presidency of the Law Society worth fighting […]

North East practice ploughs £600k into IT

Elizabeth Davidson reports EVERY fee-earner at North East firm Jacksons is to have personal access to e-mail from September as part of an IT overhaul which has cost £600,000 to date. The 20-partner commercial law firm is due to move from its Middlesbrough base to larger, more modern offices shortly before Christmas, and is undergoing […]

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