MDPs out in the cold

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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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Present sense

As part of the run-up to Christmas, Tulkinghorn is looking for the best ‘deal toy’ of 2003. (For those of you not in the know, a deal toy is a present received by the lawyer at the end of a transaction.) Apparently, in the last 18 months, the quality of the average deal toy has […]

The talk of the town

Desmond Browne QC has plenty to say about Fleet Street’s proposal to split the libel bar into claimant and defendant specialists. A successful interview is a sparkling conversation managed by the journalist. With Desmond Browne QC, I have failed. The joint head of media set 5 Raymond Buildings is sparkling, and an excellent orator, but […]

Linklaters tax partner jumps ship for Arthur Cox

Linklaters tax partner Conor Hurley is set to quit for top Irish firm Arthur Cox. Hurley will head up Arthur Cox’s tax department, which the firm is looking to build up. James O’Dwyer, Chairman of Arthur Cox, said: “Conor has an exceptional reputation, both in Ireland and internationally, as a leading tax specialist. His appointment […]

Disgraced former Lawrence Graham partner faces extradition

Police are one step further to bringing disgraced former Lawrence Graham partner Michael Fielding back to the United Kingdom. In 2001, after running up millions of pounds of debt with the Royal Bank of Scotland, Michael Fielding allegedly took £2m out of client London & Regional Properties’ account. On 2 June that year, Michael Fielding […]

I’ll give you a tinkle

Moving jobs can be so traumatic. It’s impossible to tell how a law firm will react on finding out that a lawyer is going to a rival. For instance, one particular lawyer at a magic circle firm caught the sharp end of his practice leader’s tongue when he told him he was leaving for a […]

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