Cross-border order

The European financial services industry is about to be shaken up with a host of new legislation, says Bart Joosen

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3723 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

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

Tesco law or Virgin legal?

We’ve had the abstract discussions, but now the real fun is beginning. This year the Legal Services Bill will reach its final stages, but despite years of debate there has never been much in the way of vision. Isn’t this a bit odd? In most other industry sectors the prospect of a fundamental shake-up would […]

Night terrors

Those trying to avoid paying tax now have to count nights as well as days when claiming they are not domiciled in the UK. Clare Maurice reports

After Clementi: Russell Jones in ABS shake-up

Russell Jones & Walker is set to become the first law firm to take advantage of the legal reforms recommended by Sir David Clementi, with a radical overhaul of its entire business structure. The firm aims to be the first to utilise an alternative business structure (ABS) in order to transform itself into a household […]

Parr lights up A&O with Imperial US deal

Allen & Overy (A&O) represented longstanding client Imperial Tobacco on its first US acquisition, the $1.9bn (£974m) cash offer for Commonwealth Brands. Kentucky-based Commonwealth, currently owned by Houchens Industries, is the US’s fourth-largest cigarette manufacturer with revenues last year of £89m. Its cigarette brands include USA Gold and Sonoma. Imperial, meanwhile, is the fourth-largest tobacco […]

Profit up 21 per cent at White & Case

White & Case has joined the flurry of US-based firms reporting robust financial results for 2006, with gross revenue up 13 per cent. The Wall Street firm’s posted global gross turnover of $1.185bn (£644m) during the 2006 financial year, up 13 per cent on the previous year’s result of $1,046bn (£574.7m). The firm’s average profit […]

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3723 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here