In brief: Hammonds sponsors Welsh university chair

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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

In-house:Pro bono breakthrough for British Aerospace lawyers

British Aerospace’s (BAe) legal department is set to become the first in-house team to gain Law Society approval to do pro bono work. Backed by the Solicitors Pro Bono Group (SPBG), BAe has been lobbying the Law Society for a waiver from its professional conduct rules, which currently state that in-house lawyers can only advise […]

In brief: Martin Bowley QC

Due to a typing error it was incorrectly stated in Martin Bowley QC’s column last week that a 1 per cent levy on the Bar’s gross fee income would provide an award of £12m for 750 pupils. The figure should have been £12,500 for each of the 750 pupils.

Herbert Smith cashes in on Bangkok

Herbert Smith has poached Henry Uscinski, Couderts’ head of international arbitration, to head up its new Bangkok office – set to open later this month. Uscinski will spend half his time in Bangkok and the remainder in his Hong Kong base, where he will head Herbert Smith’s international arbitration practice. Jonathan Pyne, who rec-ently joined […]

Australian state gives green light to MDPs

Multi-disciplinary practices (MDPs) are set to be legalised in Victoria, Australia, after a report backing a liberalisation of regulations for lawyers and accountants was tabled in the state’s parliament last week. The report, by the Victorian Legal Ombudsman’s office, suggests removing the current ban on profit-sharing between the professions and on lawyers entering into agreements […]

Family lawyers urge Govt to speed up pension splits

Family lawyers have welcomed proposals to give courts more power to split pensions in divorce proceedings – but have urged the Government to speed up their introduction. Last week the Commons social security committee published a report recommending that divorcing wives should be able to apply for a percentage share of their husbands’ pensions. But […]

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