Let them eat Christmas cake

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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

Oostvogels raids Lux rival for banking boost

Luxembourg firm Oostvogels Pfister Feyten has appointed Loyens Winandy senior associate Franoise Pfeiffer as partner to head the firm’s banking and finance practice. It takes the number of Oostvogels partners in Luxembourg to seven. Pfeiffer established Loyens Winandy’s banking and finance team and co-headed it with Eugene Tchen. She will focus on corporate finance, international […]

Taylor Wessing nets Brentford stadium development

Taylor Wessing has scored the lead role advising Brentford Football Club on the development of a new stadium. Real estate partner Adam Marks is leading the eight-strong team advising the club, which obtained the option to purchase a 7.6-acre site on Brentford’s Lionel Road for the development of a new 20,000-seat stadium. “This is a […]

Delivery time row ends with Commercial Court ruling

An international sugar trade deal turned sour when the seller failed to deliver on time and the case ended up in the Commercial Court. Under international trading rules, buyers are obliged to put up a letter of credit in advance to guarantee payment before the goods set sail. Under advice from commercial firm Middleton Potts, […]

Extradition should not be a one-way street

The plea-bargain of the ‘NatWest Three’ means they will receive a term of imprisonment of three years and one month (reduced from their possible sentences of between 35 to – arguably – 210 years), and will be ordered to repay the £3.5m they defrauded from NatWest. A series of arguments was submitted during the NatWest […]

Eversheds goes outside for in-house advocacy

Eversheds‘ litigation and dispute management group has taken on Jessica Mance of Essex Court Chambers as a secondee in its in-house advocacy team. Eversheds’ in-house advocacy unit was launched in September 2006 with the appointment of Tom Keith from Fountain Court. It is yet to recruit any more full-time barristers. Mance will join Eversheds on […]

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