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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

Irwin Mitchell fights coroners in court

The date has been set for what could be a landmark legal action for Irwin Mitchell in relation to decisions made by coroners. The High Court will hear the case of a coroner’s decision not to hold an inquest into the death of Leslie Vines , 77, who died just 10 days after being admitted […]

Veale Wasbrough makes triple promotion

Bristol based law firm Veale Wasbrough has grown its partnership by promoting three of its lawyers. Commercial litigation specialist Michelle Rose becomes partner and head of estates and tax planning. •Bristol based law firm Veale Wasbrough has grown its partnership by promoting three of its lawyers. Commercial litigation specialist Michelle Rose becomes partner and head […]

DAC reports underwhelming PEP growth

Davies Arnold Cooper (DAC) has seen average profit per equity partner (PEP) nudge up by just 4 per cent this year, an indication that the downturn in legal action continues to hit the litigation-focused firm. The firm’s PEP comes in at £345,000, up from £333,000, while turnover increased by 5 per cent to £32m. Net […]

Michelmores turnover leaps 19.5 per cent

South West firm Michelmores continued its impressive turnover growth in 2006, posting a 19.5 per cent increase to £13.5m, from £11.3m in 2005. The 32-partner Exeter-based firm, which also has an office in London’s Piccadilly, exceeded that growth with its average profit per equity partner figure, which increased by 37 per cent to £248,800. Thirteen […]

Trowers & Hamlins: the swan emerges

From housing association champion to Middle East king: Trowers & Hamlins may appear to have an odd form, but it has proved its unusual mix of practices can work, and work well Trowers & Hamlins: the swan emerges” />There is such a thing as being in the right place at the right time; just ask […]

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