Insurance

Insurance, a market that impacts on every aspect of life, is forever changing in the eyes of the law. Case law is constantly evolving, impacting on how insurers operate.

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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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Lovells loses third private equity chief as Simmons pounces…

Lovells’ Italian private equity head Andrea Accornero will leave the firm at the end of the month to join Simmons & Simmons’ Milan office. Accornero, whose practice focuses on private equity as well as general M&A, will be replaced as private equity head by Italy senior partner Leah Dunlop. Lovells managing partner David Harris (pictured) […]

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BLP promotions down for second year in a row

Berwin Leighton Paisner (BLP) has promoted five associates to its partnership, the second fall-off in promotions in a row. The slight dip from 2007-08, when six were made up, is the second year of low promotions since 2006-07’s glut of 13. However the lower partnership promotions coincide with the firm’s introduction of the associate director […]

UBS counsel turned chair proposes management shake-up

UBS general counsel turned chairman Peter Kurer is proposing a widespread shake-up of the bank’s corporate governance. Kurer, who will replace outgoing chairman Marcel Ospel, has announced plans to implement a two-tier board model to replace the current three-tier system, which incorporates a group executive board, chairman’s office and board of directors. Under Kurer’s proposals […]

Norton Rose hires Linklaters team

Norton Rose has hired a three strong capital markets team from Linklaters in Frankfurt. Former Linklaters finance and tax partner Martin Krause is joined by two associates, taking the total size of Norton Rose’s capital markets team up to 15 lawyers and five partners. Head of Norton Rose’s Frankfurt capital markets group Rüdiger Litten had […]

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