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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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Economic gloom prompts Kaye Scholer to recruit

Kaye Scholer plans to capitalise on the continuing lull in the UK economy to bolster its corporate practice in the City. The firm last week announced the arrival of DLA Piper private equity head Andrew Harris, who has been brought in to spearhead a recruitment drive in London. While the firm has taken a low-key […]

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Eversheds eschews BlackBerry in favour of iPad

Eversheds has become the latest firm to embrace the Apple brand after it signed a deal to provide its lawyers with the company’s iPad. The firm has launched a two-month pilot with around 50 members of its senior staff called Eversheds Anywhere, in which they will test out the trendy, but bulky, device. If the […]

1

Eversheds faces negligence claim

Eversheds is facing a High Court professional negligence claim from property development company JMH Acquisitions.     The company has instructed Blackstones Solicitors’ senior partner Rajendra Mashru to pursue the firm for £200,000, which it claims was lost when Eversheds allegedly failed to ­adequately advise it on the purchase of an industrial unit in Bolton. According to the claim form, […]

Bakers in Brazil

It’s all about Brazil these days, and for once that isn’t a shoehorned reference to the World Cup (which, as we all know, ended last Sunday afternoon). Baker & McKenzie recently embraced the trend for all things South American by unveiling its first non-American chairman in the shape of Eduardo Leite, leaving a Leite-shaped hole […]

Simmons & Simmons-off-on-off

The course of true love, Bill Shakespeare once wrote, never did run smooth. The Bard had no way of knowing, but his words are today ringing in the ears of Mark Dawkins and Bert Krueger as merger talks between Mayer Brown and Simmons & Simmons hit the skids (see story). Just like Burton & Taylor, […]

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