Polish legal practice strengthens PW network

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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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Countdown to millennium crisis

I was asked last week what I thought the cause of the next recession would be. The cyclical nature of economies suggests that there does not necessarily have to be a particular cause, although that w ill not stop people looking for one. I do, however, believe that the so-called “millennium bug” is likely to […]

A new kind of security

Andrew Visintin investigates the advantages of invoice discounting over bank lending. Andrew Visintin is a partner at Manches & Co. When sourcing finance, an increasing number of companies are turning away from traditional bank overdraft lending towards the more flexible options provided by invoice discounting companies, the most recent being “packaged finance”. Receivables finance, the […]

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FORMER Tory minister Jonathan Evans is to use the contacts and experience he gained during his time at the Department of Trade and Industry (DTI) to help develop Eversheds’ national insurance practice. Evans, whose other government posts included a spell as parliamentary secretary at the Lord Chancellor’s Department, has been appointed to the new London-based […]

In brief: Returned briefs cause for concern at CPS

The National Audit Office has highlighted the problems caused by prosecuting barristers returning their briefs. In a report on the Crown Prosecution Service (CPS), the comptroller and auditor general, Sir John Bourn, says the most recent figures show that barristers hired by the CPS return their briefs in 75 per cent of cases. Elsewhere in […]

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