CC to elect new Asia chief as Baird falls ill

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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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Dancing queen

Tulkinghorn isn’t much of a dancer, reserving his gyrations for the brandy glass, but he is glad to see that the same could not be said for JPMorgan general counsel Tim Hailes. Last week the bank ­celebrated a tripling in membership of its Europe, the Middle East and Africa lesbian and gay group Chapter of […]

Freezing order overturned in £25m ­Bolivian telecoms case

Reed Smith and Stephenson Harwood have secured a Court of Appeal discharge of a $50m (£25.44m) freezing injunction against the Republic of Bolivia and its state-owned telecommunications company. Netherlands company ETI Euro Telecom International (ETI) originally obtained the freezing injunction through the Commercial Court against Bolivia and Empresa Nacional De Telecomunicaciones (Entel) due to an […]

Switalski on course for record compensation payout

F&C Asset Management’s former legal chief Gillian Switalksi has defeated the company’s bid to have her discrimination claim thrown out. F&C Asset Management’s former legal chief Gillian Switalksi has defeated her former employer’s bid to have her multi million pound discrimination claim thrown out. Switalksi’s discrimination claim against the asset management company was originally upheld […]

BAE on cusp of appointing legal counsel for India

BAE Systems is creating the role of chief legal counsel for India as its business expands into new emerging markets. The post will be filled internally “within a matter of weeks”, according to BAE general counsel Philip Bramwell. “It’s a reflection of the fact that this business is internationalising,” he added.The chief counsel will have […]

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Only the public interest can justify invasions of privacy

Two weeks ago Max Mosley won his ­privacy case against the News of the World and received an award of damages in the sum of £60,000 plus costs. The case ­centered on Mr Mosley’s participation in an S&M session with a German prison theme involving consenting (and paid) adults. The newspaper had supplied one of […]

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