Prances with Wolves

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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

K&L Gates bats for ICC on Cricket World Cup broadcast rights sale

K&L Gates has scored the lead role advising world cricket governing body the International Cricket Council (ICC) on the sale of its global media rights. The firm acted for the ICC on its eight-year global media rights sale by tender to ESPN Star Sports (ESS), which will cover two Cricket World Cups between 2007 and […]

Pharma karma

If the US Food & Drug Administration is to function effectively, its offices need to work together. By Jim O’Neal The US Food & Drug Administration (FDA) has come under significant attack in recent months. Medical device recalls, adverse safety findings and political imbroglios at the agency have contributed to a growing level of scepticism […]

DLA Piper sets 150-lawyer target for Germany offices

DLA Piper sets 150-lawyer target for Germany offices” />DLA Piper is embarking on an ambitious growth strategy in Germany, drawing up plans to boost its number of lawyers in the region by 50 per cent. The firm currently has 100 lawyers in Germany, but regional managing partner Ulrich Juengst has plans to hit 150 through […]

Mayer Brown drops Rowe & Maw in rebrand

Transatlantic giant Mayer Brown Rowe & Maw has become the latest firm to opt for an abbreviated name, rebranding as the shortened Mayer Brown. The rename, effective from 1 September, is to reflect how the firm is commonly referred to by both the market and the firm’s own staff. In a statement, chairman James Holzhauer […]

Legal claims leave Rusal float in the balance

Legal woes might yet scupper the £3.75bn London flotation of Rusal, the aluminium giant. It emerged over the weekend that the Russian conglomerate was in talks with the Financial Services Authority (FSA) over potential claims the company might face in the future. One potential problem could be from businessman Michael Cherney, a Russian living in […]

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