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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

Ericsson brought in to manage CPS telephone system

THE Crown Prosecution Service (CPS) has outsourced national responsibility for its voice communications services for the next seven years to telecommunications company Ericsson. International telecommunications systems suppliers Ericsson will manage voice communications across the CPS’ 100 sites, including voice mail, fax, paging and mobile phone facilities. The Charles Douglas Organisation, a firm of telecoms specialists, […]

A&O breaks Gide ties to reach De Pardieu

Allen & Overy has cleared one obstacle blocking a merger with Paris firm De Pardieu Brocas Maffei & Associes by formally breaking off its seven-year association with Gide Loyrette Nouel. A&O is eager to catch up with its City rivals in Paris and was expecting to tie up the merger between its 10-partner Paris office […]

Ship-shape with Bristol passion

Alison Laferla says Bristol’s legal market is booming but competition among local firms is becoming increasingly cut-throat. They used to call Bristol the graveyard of ambition. Today, for lawyers at least, the description seems absurd. After years of unfulfilled potential, Bristol is shaking off its sleepy image and reinventing itself as a thriving centre for […]

In brief: SDA calls on Law Soc to set up misconduct fund

The Solicitors Defence Agency (SDA) is urging the Law Society to take seriously suggestions to set up a defence fund to combat claims of professional misconduct. The group wants #10 from each solicitor’s practising certificate fee to be set aside for the fund.

Human rights:where's the beef?

The Human Rights Act promises UK residents a truly democratic society for the first time. But, asks Matheu Swallow, is the UK ready for such a revolution? There are concerns that Britain’s judiciary is ill-equipped to cope with its new responsibilities. “Football’s coming home” was the unofficial anthem for the England World Cup squad of […]

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