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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

Linklaters employment head appointed ELA chair

Linklaters head of employment Raymond Jeffers has become the first magic circle partner to be voted chair of the Employment Lawyers Association (ELA). Jeffers was appointed at the ELA annual general meeting last Wednesday (12 May). He takes over the reins from Osborne Clarke’s Julian Hemming.

Linklaters: average profits fall on unchanged turnover

Linklaters has joined a growing band of law firms reporting flat gross for the financial year after billings remained unchanged at £720m. Average profit per partner for 2003-04 reached £640,000, a 12.8 per cent decline on the previous 12 months. Turnover crept up by 0.3 per cent. Partners at the top of equity will be […]

BPI shake-up yields new legal head

The British Phonographic Industry (BPI) has recruited a new general counsel as part of a shake-up on its legal department. Geoff Taylor, deputy general counsel and director of litigation and regulatory affairs at the International Federation of the Phonographic Industry (IFPI) has been appointed to the post. He will take on the role formerly held […]

The power of two

Partnerships are not just about individuals. The bigger picture is partnerships between law firms. Peter Scott assesses why so many of these alliances fail

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