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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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David Kerr

2Birds announces 12 partner promotions globally

Bird & Bird has made up a dozen new partners in a return to 2009 promotion levels. Last year, just two lawyers were made up in the international firm’s 2011 round, both in the London office. Bird & Bird was the only one of the UK’s top law firms to record a drop from 2010 […]

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Dewey unveils incentive scheme to stem partner exits

Dewey & LeBoeuf is planning to roll out an incentive plan to keep partners that would see the embattled US firm distribute profits over the course of several years. The firm – hit by 47 partner exits since the start of the year – is understood to be considering an option of paying out distributions […]

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Lawyer who advised on Rangers FC takeover takes role at Segens

Former Collyer Bristow partner Gary Withey, who advised businessman Craig Whyte on his takeover of Rangers Football Club, has emerged as a consultant at City boutique Segens Solicitors. Withey quit Collyer Bristow amid controversy last month after the football club was put into administration (5 March 2012). Rangers FC administrators Duff and Phelps said Withey […]

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Macclesfield case reheard after judge fell asleep at bench

A North West lawyer has made an official complaint after a judge fell asleep during her mitigation at Macclesfield Magistrates Court. Criminal solicitor Caroline King, of Macclesfield-based firm Hermans, was addressing the bench at the town’s magistrates court on the case of a drunk-driver. But chairman of the bench Paul Flynn appeared to close his […]

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