Law Soc: Carter report will wipe out small firms

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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

Freshfields beats Linklaters in M&A rankings

Freshfields Bruckhaus Deringer has knocked magic circle rival Linkaters off the top of the European M&A rankings. According to Thomson Financial’s third quarter league tables, Freshfields moved into pole position after advising on 211 announced deals involving any European involvement worth $323.8bn (£171.4bn). Linklaters, which topped the third quarter rankings in 2005, slipped down one […]

Old age tension

With age joining the multitude of discrimination laws, firms should strive to put in place fair and effective dismissal procedures or risk having their dirty washing aired in public, say Clive Greenwood and Fergus Payne Forcing an individual to retire against their will has always required very careful handling, but the recent age discrimination legislation […]

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Fennemores chief sued for £2.4m by ex-partners

The former managing partner of dissolved Milton Keynes firm Fennemores is facing a £2.4m lawsuit brought by seven of his former partners. The seven, who are now working at three different local firms, claim that Martin Keeling “wrongfully removed a large quantity of client files from the offices of Fennemores” in breach of the demerger […]

Linklaters, A&O score Montagu’s BCA buy

There were no major surprises on Montagu Private Equity’s acquisition of British Car Auctions (BCA) last week. Linklaters led for Montagu, while Allen & Overy (A&O) advised the target. Partners Richard Youle and Dominic Welham led the team at Linklaters, while Stephen Matthews led for A&O. Montagu, which acquired a 100 per cent share in […]

Eleventh-hour injunction blocks disclosure rules

The Law Society has blocked new court disclosure rules that would have made documents such as pleadings and defence of a claim available to all third parties. Schillings, representing the Law Society, won a last minute injunction against Court Service on Friday (29 September) stopping the rules taking effect from yesterday (2 October). Mr Justice […]

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