Greenwoods wins Railtrack debt work

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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

Lawyers have a role in inheritance tax planning

Provide a one-stop-shop for clients, advises Colin Studd Inheritance Tax, a combined gift tax and death duty, was introduced in the 1986 Finance Act, replacing Capital Transfer Tax which in turn replaced Estate Duty. The act received the Royal Assent on 25 July 1986 and applies to all transfers made on or after the 18 […]

Brooke defends judicial review plan

LAWYERS at a conference on judicial review voiced concerns that a Law Commission proposal may make it tougher for people to obtain leave. Chair of the commission Sir Henry Brooke says this had never been the commission’s intention but he was happy to pass on concerns to the Government. He told the conference, jointly hosted […]

Property investors risk prosecution

Herbert Smith says property investors and their professional advisers risk prosecution under anti-money laundering legislation because of ignorance of important provisions in the Criminal Justice Act 1993 which came into force earlier this year. A survey by the firm among key players in the property market shows 45 per cent had little or no knowledge […]

Fordham for 2 Hare Court

BESTSELLING barrister Michael Fordham is leaving commercial chambers at 3 Gray’s Inn Place for 2 Hare Court, a set specialising in both public and commercial law. Fordham, author of the ‘Judicial Review Handbook’, has taught administrative law at Hertford College, Oxford, since completing his pupillage four years ago. “I’m not turning my back on commercial […]

Mackay clarifies mediation paper

LEGAL advice should be used in support of mediation in divorce proceedings rather than as a matter of course, the Lord Chancellor says. Speaking at last week’s annual general meeting of National Family Mediation, Lord Mackay said responses to last year’s green paper on mediation and the grounds for divorce showed there was overwhelming agreement […]

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