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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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Davies Wallis Foyster appoints Knight & Sons litigation head

Newcastle firm Knight & Sons is smarting after losing its head of litigation to Davies Wallis Foyster. Alan Shackleton joined Davies Wallis’ Manchester office last week to head its five-partner commercial litigation practice, after just two years at Knight & Sons. Jim Davies, managing partner at Davies Wallis, says Shackleton is bringing a lot of […]

Judge blames CPS for trial collapse

After 11 weeks of legal argument, Judge Harvey Crush said the prosecution’s failure to make proper disclosure to defence lawyers meant there had been an abuse of process and the defendants could not get a fair trial. Abandoning the trial of a Scotland Yard officer and seven other defendants accused of conspiracy to import £12 […]

Powell Goldstein launches Swiss office

The 300-lawyer firm, which has offices in Washington and Atlanta, claims to have the world’s biggest WTO practice, with more cases before the WTO than any other law firm. The new Swiss office will be headed by Scott Anderson, who joins from the Office of the United States Trade Representative (USTR) where he served as […]

National Power legal head resigns

National Power’s head of legal is stepping down following the demerger of its UK and international businesses. Stuart Wheeler will seek a new position after the demerger is completed. The rest of the 18-strong legal team will be split between the new companies, International Power and Npower. When the energy giant first decided to demerge […]

Irwin Mitchell hires PTO chief executive

National law firm Irwin Mitchell has recruited the chief executive of the Public Trust Office (PTO) as a consultant – amid speculation that the office’s work will be farmed out to private practice. The PTO is an executive agency of the Lord Chancellor’s Department that deals with the financial affairs of the mentally incapacitated. Julia […]

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