Irvine extends franchise application date

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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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Financings

David Wyles at Herbert Smith acted for Societe Generale in connection with an u8m financing of a local authority private finance project for street lighting in Brent. Lawrence Graham acted for Brent Council and Hewitson Becke & Shaw for PFI lighting and David Webster

Law Soc cannot perform a multidisciplinary task

After the events of this year, many lawyers could be forgiven if they regretted ever entering the profession. Having been lambasted by the press earlier in the year over extortionate fees, the profession’s reputation went from bad to worse, as The Lawyer revealed that the police were investigating links certain City firms had with organised […]

Retailer banking:the (success) story so far…..

There is hardly any area of consumer life that has not had the big brand treatment from major retailers and service companies. Lawyers only need to glance sideways to see Tesco selling cars and computers, American Express buying up accountancy firms in the US and Virgin selling just about everything. It is what the telecommunications […]

Birds Eye sues distributor

Birds Eye Wall’s is taking Northampton Ice Cream to the High Court in a claim for u400,000, for alleged breach of a distributor agreement. Birds Eye is claiming u177,904 for goods supplied and u220,199 for ice creams supplied. The dispute arises out of an alleged deal under which Birds Eye says it agreed to deliver […]

Part-time judges face delay over Woolf training

Part-time county court judges will receive no training in the Woolf civil justice reform rules until after the 26 April launch-date. The 1,250 judges in England and Wales, who sit for a minimum of 20 days per year, will not begin training in the new rules until 19 April. In the latest setback to hit […]

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