In brief: Patrick Hayes

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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

Cozens plans insurance law shake-up

US firm Cozen & O’Connor, which has opened in London last week, is planning to open up the little-used practice of sub- rogation in the UK. In the US, around 60 per cent of the firm’s work is in subrogation – cases where insurance companies sue a third party to recover the cost of a […]

Oxford Utd MD quits after fraud probe

Solicitor Keith Cox has quit as managing director of Oxford United Football Club following allegations concerning a $100m (£61m) fraud investigation in the US. Cox’s resignation came a week after The Lawyer revealed he was being investigated by the Office for the Supervision of Solicitors (OSS) following a complaint to the Law Society. In his […]

Will Diageo's next legal skipper alter course?

IT IS all change at Diageo. The drinks giant has spent the last year-and-a-half consolidating following the merger of Guinness and Grand Metropolitan (Grand Met) in 1997. It has sold a number of surplus US brands, its top directors are leaving, and the legal department is feeling the wind of change. As reported last week […]

Viagra lookalike in a bottle

Plans for the launch of a new sex-enhancing drink called Viagrene in the UK are to be challenged in the High Court. Viagra manufacturers Pfizer has already been granted a temporary order banning Helsinki-based Eurofood-Link from launching the drink in the UK for the time being. The launch was originally set for last week. The […]

Property

Ian Lyall of McGrigor Donald acted for Devonport Royal Dockyard Pension Trustees in Plymouth on a £3.1m investment purchase of property in Stirling from National Provident, advised by Biggart Baillie.

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