Galen Holdings

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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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Living for yesterday

Client entertainment? Forget the lavish cocktail parties and corporate golf days, law firms’ clients are cultured individuals. Some even desire intellectual stimulation.Surprised? Well, DLA’s Mike Pullen was delighted that he could entertain clients with one of his favourite pastimes – history. And not just any history, the Battle of Waterloo. As he splits his time […]

Morgan Cole shaken as four leave to launch property firm

Morgan Cole has put its Swansea head of property and three other property partners on gardening leave after the shock news that they plan to set up their own niche firm in the city. Property team leader Tarquin Hall is leaving the firm with fellow equity partners Rosemary Morgan, Chris Cann and fixed-share partner William […]

Orrick ramps up coastal offices with partner trio

San Francisco firm Orrick Herrington & Sutcliffe has boosted its practice on both coasts of the US with the hire of three new partners. The firm is taking on a tax partner to ramp up its New York group. Peter Connors is joining from Baker & McKenzie, where he was the former co-chair of the […]

Kingsmill in £1.7m claim

A senior judge, the deputy chair of the Competition Commission and DJ Freeman are being sued for £1.7m by a car crash victim. Mr Justice Clark, deputy chair Denise Kingsmill and DJ Freeman were found guilty by three Court of Appeal judges of professional negligence. They have appealed to the House of Lords. The judges […]

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