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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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Salans Paris bags Taylor Wessing real estate team

Salans has raided Taylor Wessing, hiring a five-lawyer team to boost its Paris real estate practice. Taylor Wessing partners François Verdot and Antonia Raccat join Salans in Paris along with three associates. They will jointly manage Salans’ real estate practice in France with Henry Lazarski. The team hire takes the practice up to five partners […]

Guildhall nears £11.2m revenue target

Bristol-based set Guildhall Chambers has posted half-year figures that are 11 per cent up on the same period last year, with the growth driven by its insolvency and commercial teams. The half-year results put the common law set on course to hit its turnover target of £11.2m by the end of the financial year, with […]

Hogan attacked in ‘shock and awe’ ad

Hogan & Hartson was on the receiving end of a “shock and awe” advertising campaign last week, with a former client canvassing for others feeling short-changed by the Washington firm. The campaign, which featured in last Friday’s New York Times and other publications, asked: “Have you recently been represented by the law firm of Hogan […]

Pannone aims to break £50m turnover barrier

Pannone & Partners has announced 22 per cent revenue growth at the half-year stage, with income for the full year predicted to reach £52m. Total turnover was up to £25.9m in the first half of this year, up from £21.2m during the same period last year. During the 2006-07 financial year the firm saw a […]

Horizon names first general counsel

Offshore financial services group Horizon has appointed David Ibbotson as its inaugural general counsel, with responsibility for compliance and all client matters. Ibbotson joins the Jersey-based firm from the Walbrook Group, following its take-over by Barclays Wealth. He established the in-house team there in June 2005. A qualified English barrister, he brings experience as in-house […]

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