ICI appoints a new company secretary

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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

Clintons expands not restructures

The headline of your recent article (13 September) asserts that Clintons has been “forced to restructure”. Your assertion is incorrect. Clintons is a leading media and entertainment firm with a substantial and growing base of clients. To deal with an increasing workload we have been expanding our team of lawyers by both recruiting externally and […]

£1m-a-year QC defects to rival set

David Oliver QC, one of the “million-pound-a-year club” barristers, is leaving 13 Old Square to join premier company set Erskine Chambers. Oliver, who has been a tenant at 13 Old Square – where his father also practised – throughout his career will join Erskine Chambers on 1 October. The loss of Oliver will be a […]

Too many loopholes spoil the rules

Marlene Winfield of the National Consumer Council gives her reaction to the Law Society’s new practice rule. Marlene Winfield is the National Consumer Council’s senior policy officer for legal services. On 3 September, the Law Society unveiled its new practice rule on client care. It was three years in the making. Launching it, the president […]

Squire Sanders takes over US rival in CIS

US firm Steptoe & Johnson has given up its eastern European foothold by handing over its last remaining offices to rival firm Squire Sanders & Dempsey. The offices concerned are Steptoe & Johnson’s 13-lawyer Commonwealth of Independent States (CIS) practices, based in Moscow and Almaty in Kazakhstan. The loss of these offices brings nearly a […]

Mid-size firms struggle to keep pace

Lawyers celebrating after The Lawyer 100 revealed that firms broke through the £5bn fee income barrier over the last 12 months should pause for thought. The underlying trend for fees and profits shows that increases in these areas have significantly declined. Last week, a survey by The Lawyer and PricewaterhouseCoopers indicated that fees have only […]

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