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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

Cobbetts elects Shaw for third term

Manchester firm Cobbetts has re-elected managing partner Michael Shaw for a third term of office. His present term finishes in 2002 but the partners have chosen to re-elect him early for a term of office lasting until April 2005.Shaw has been a partner with the firm since 1984. During his five years as managing partner […]

Pillsbury shifts 80 lawyers from DC to Northern Virginia

US firm Pillsbury Winthrop is relocating the bulk of the lawyers in itsWashington DC office into high-tech Northern Virginia. Historically, the firm has had over 100 lawyers in DC compared with around 10 in Northern Virginia. But now most of those will move over, taking the Northern Virginia practice to around 80 lawyers and DC […]

A view from Tokyo

Japan, the world’s second-largest economy, and Tokyo, one of the world’s major financial centres, has one of the smallest legal communities per capita of any developed country. Until the early 1990s, the economy was almost closed to the foreign community and the main focus of cross-border legal services in Japan related to outward investment. Since […]

Whitefriars housing group

This overhaul of Coventry’s social housing stock takes the value of projects launched under the new project partnering contract PPC 2000 to more than £1bn. The contract was devised by Trowers & Hamlins partner David Mosey and marks a dramatic break with previous practice. Most significantly, the contract covers the entire procurement process and is […]

Barclays slashes law panel from 100 to 25

Barclays Group has completed the second phase of its panel review Barclays Group will today announce the results of the second phase of the review of its external legal function.The business banking lending panel, which is one of the special-purpose panels set up last year, is being cut from 100 firms to around 25.Allen & […]

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