Freshfields sweeps into Italian market

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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

Commercial first for northern set

Two senior Manchester barristers are leaving Hollins Chambers to start the first exclusively commercial set outside London. The new set, to be known as Merchant Chambers, is the brainchild of barristers David Berkley and Stephen Cogley, who aim to provide purely specialist representation for the area’s business and banking sectors. They plan to start business […]

Irish curb 'no win no fee' advertising

The Irish Law Society is to curb “no win no fee” advertising in the Republic of Ireland. Under regulations to be introduced shortly, future advertisements will be required to explain to clients that they could be liable for costs and expenses awarded against them by the courts if they lose. The advertisements will also have […]

Conference hears of benefits of teleworking

Teleworking increases productivity and profitability and is the way forward for law firms, according to Christopher Davis, chief executive of City firm Davis & Co. Speaking at the Telework UK ’96 conference in Docklands in November, Davis said teleworking was a key factor in reducing overheads because it liberates firms from the need for expensive […]

Accounting for legal rivals

Lawyers in the Netherlands are facing a new threat to their livelihood as the country’s accountants step up their fight for a chunk of the legal services market. Two accountancy firms, Price Waterhouse and Arthur Andersen, have begun court action against the Dutch Bar Association over its rules on multi-disciplinary partnerships. Meanwhile, Price Waterhouse has […]

Making sense of court divisions

It is more than a century since the Courts of Common Law and Equity were merged but as far as the organisation of the High Court is concerned that merger might never have happened. The division of functions between the Chancery and Queen’s Bench Division is still based on historical factors rather than logic and […]

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