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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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Full support

Recent rulings have brought charities to the forefront of public service. By Chris Priestley The role of charities in the provision of public services has evolved dramatically in recent years and looks to have been given centre stage in the current Government’s agenda. In the immediate aftermath of World War II the UK public and […]

Seven Bedford hires six tenants to strengthen BakerPlatt tie-up

Common law set Seven Bedford Row is deepening its unique international alliance with offshore law firm and consultancy group BakerPlatt by taking on six door tenants specialising in chancery work. The new door tenants, all from 5 Stone Buildings, will enable the alliance to carry out contentious trusts work as well as other traditional chancery […]

Public sector

The UK public sector is in a state of flux. Central government has instructed local authorities to work together to provide greater efficiencies, while local government, in turn, has long accused central government of hampering its work via a combination of micro-management and a stranglehold on finances. Both sides have responded to each others’ criticisms. […]

US firms keep marriages local

Plenty of US firms have taken a leaf out of Reed Smith‘s and Richards Butler’s book as the two firms look to complete their transatlantic merger following a successful partnership vote last month. But instead of a flurry of tie-ups across the pond, the US market is instead being bombarded by national link-ups. Pittsburgh-based law […]

Standard Chartered legal chief in move to Dubai

Standard Chartered group head of legal David Brimacombe is jetting off to Dubai to take up a new position at the bank, leaving the organisation to search for a successor in London. Brimacombe is moving to the Gulf in the next few months to help drive forward the bank’s operations in the region. The bank […]

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