Sullivan & Cromwell Name New Chairman

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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 […]

Recommended

Rowe & Maw plans Hong Kong office

City firm Rowe & Maw is set to open in Hong Kong next year. The firm is talking exclusively to an unnamed Chinese law firm. A Rowe & Maw source says the firm is finalising plans for the tie-up. He says: “We are in discussions about opening up in Hong Kong. We have been in […]

Hamilton takes on Fayed

What is being billed as the last major libel action of the millennium is scheduled to start today (Monday). Former Tory MP Neil Hamilton is suing Harrods boss, Mohammed Al Fayed over cash-for-questions allegations said to have destroyed Hamilton’s political career. The way for the action was paved by the Law Lords when they ruled […]

Rights of the many or the power of the few?

As the incorporation of the European Convention on Human Rights into English law has less than a year to go, Matheu Swallow reports on the impact of the act on the UK’s judges. The quiet life is over for judges. Even before the Pinochet saga focused the media spotlight on Lord Hoffmann because of his […]

LCD Agency To Be Broken Up

A Lord Chancellor’s Department-run agency which handles billions of pounds for mentally incapacitated people may be broken up following a damning report by independent investigators. Senior civil servant, Ann Chant, who headed the quinquennial review, says the Public Trust Office has not come up to scratch in terms of efficiency and performance in client services […]

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