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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

Firm profile: Follet Stock

Forget whatever impression you have of law firms in Cornwall, because five-partner firm Follet Stock is bound to turn it on its head. The 16-year-old Truro firm has sent shockwaves through the local legal market since it was established with its modern, confident and forthright style. Managing partner: Chris LingardTurnover: £1.6mTotal number of partners: FiveTotal […]

199 Director starts up bar consultancy

199 Strand’s business development director Martin Griffiths is setting up a consultancy dedicated to advising the Bar when the set’s dissolution completes at the end of this month. Griffiths has been overseeing 199’s winding up since the civil set announced it was breaking apart in December last year. “It’s something different after having worked in […]

Singapore’s new competition laws attract Western lawyers

Like bees to a honeypot, foreign law firms and barristers’ chambers are swarming in to Singapore to secure new competition work after anti-monopoly laws were introduced last month. As part of its recently-signed free trade agreement with the US, Singapore is required to introduce competition laws, and the Competition Act 2004 came into effect at […]

Kelly Drye and Collier sign merger deal

New York-based Kelley Drye & Warren and Washington DC’s Collier Shannon confirmed their merger yesterday (February 22). The Lawyer revealed that the two firms were in advanced discussions on Monday (February 20). Kelley chairman John Callagy said: “We are expanding our capabilities in Washington DC, and were impressed by the quality of Collier Shannon’s people, […]

Norton Rose banking chief announces group overhaul

Norton Rose‘s new global head of banking Stephen Parish is planning a wholesale restructure of the firm’s banking practice in an effort to put its recent troubles behind it. The restructure will examine how the department manages workloads and the way it works for its banking clients, which include HSBC and Lloyds TSB. Parish said: […]

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