In brief: Cameron McKenna

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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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In brief: Bradford & Bingley

Bradford & Bingley has sent out tender forms to the remaining 15 firms on its legal panel inviting them to tender for the work by 4 October. The former building society, which became a bank in April, has already dropped 50 per cent of the 30 firms that do its “bulk work”.

Case of the week

Denise Fergus, mother of murdered toddler James Bulger, set a legal precedent when she appeared before the European Court of Human Rights in Strasbourg to challenge a ruling that Bulger’s killers were denied a fair trial. John Dickinson and Dominic Lloyd, the lawyers for Jon Venables and Robert Thompson, complained in 1994 that the trail […]

New recruit to rethink Bank of Ireland's UK legal panel

Bank of Ireland has expanded its UK legal department and plans to review its panel of outside law firms. The bank has recruited Matthew Lorimer to its UK legal team from Slough solicitors Harris & Cartwright where he was a commercial assistant. Previously the bank’s UK legal team had only one full-time lawyer, barrister Margaret […]

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Ashursts to strengthen Italian links

Ashurst Morris Crisp is attempting to set up a profit-sharing scheme with its Italian alliance partner to strengthen links between the two firms. Ian Nisse, managing partner at Ashurst Morris Crisp, has been in discussions with Negri-Clementi Montironi & Soci. “We want to participate in each others’ profits,” Nisse says. “Subject to regulations, we think […]

Freshfields prompts Euro court change

A case brought by Freshfields challenging a European Commission ruling is prompting procedural changes to how the European courts handle commercial cases. The firm’s client, RJB Mining, challenged the way the Commission awards mining subsidies. Since the case was heard in the Court of the First Instance of the European Communities in Luxembourg, a white […]

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