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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

The Lawyer Inquiry: Jane Cooper

Jane Cooper was born in New York on 9 August 1958. She now lives in London and is a political consultant based at the Bar Council Press Office. What was your first job? Editorial assistant at publishers BT Batsford. What was your first ever salary? £9,500. What would you have done if you hadn’t become […]

Experts eye up legal aid reform

Lord Woolf’s proposals to reform court procedures have rightly been identified as of crucial importance to expert witnesses, yet the Government’s initiatives to reform legal aid could be equally significant. The cost of legal aid now stands at around £1.4bn, double what it was five years ago. As an entitlement-based scheme the overall cost of […]

A knight into battle

Sir James Goldsmith is heading for a High Court libel confrontation with Euro MP Glyn Ford. Sir James is seeking damages from Ford over a piece headed “Today your love, tomorrow the world” which appeared in Tribune at the beginning of the month and another piece headed “Fears over nasty link to Sir James” which […]

Colin Passmore on legislation affecting directors' duty of care

The Australian courts continue to take the lead in updating the nature of the duty of care which directors owe to their companies. Last year, the New South Wales Court of Appeal in Daniels v AWA (1995) displaced early English law formulations of the scope of directors’ duties. These required directors to exercise a level […]

In brief: Simmons helps out communities body

Simmons & Simmons undertook the legal work behind the setting-up of the Pan London Community Regeneration Consortium on a pro bono basis. The consortium helps voluntary organisations to form partnerships with public and private sector bodies to regenerate local communities. It is funded by the Single Regeneration Budget Challenge and will aim to improve the […]

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