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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

CC prepares for record international relocation

Clifford Chance (CC) is gearing up for one of the biggest property shake-ups ever undertaken by a global law firm, with moves to at least five new buildings planned around its international network. The five new premises follow the firm’s landmark move to Canary Wharf and its new Manhattan residence, both completed during the past […]

To be continued…

The bar’s continuing professional development requirements have been received with resignation by practitioners. Peter Bennett reports on developments The bar was probably the last major profession to introduce compulsory continuing professional development (CPD) for its members. The phased introduction ended in 2005 when every barrister, including the million a year-plus commercial silks, were required to […]

Hack attack

US journalists are being jailed as the courts dilute their First Amendment rights by forcing them to reveal their sources. By Jon Robins “It does feel like open season,” Laura Handman, a First Amendment lawyer based at US firm Davis Wright Tremaine told The New York Times (NYT) last month in the aftermath of the […]

Clifford Chance loses litigation team to Hunton & Williams

US firm Hunton & Williams has ramped up its global competition practice by taking a litigation team from Clifford Chance‘s shrinking New York office. Clifford Chance partner Kelia Ravelo and of counsel Wesley Powell are specilaists in civil litigation with an emphasis on antitrust class actions. Clients include MasterCard International and the Mexican Bankers’ Association. […]

RJW hikes PI capability with National Accident Helpline

Russell Jones & Walker (RJW) is planning to buy personal injury (PI) claims handling company National Accident Helpline, two and a half years after acquiring Claims Direct. Managing partner Neil Kinsella confirmed that the firm had instructed its accountants to examine the possibility of buying National Accident Helpline, which coordinates PI claims through a network […]

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