OFT scuppers mortgage deal

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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

Three's company for panel

Clifford Chance corporate assistant Guy Norman has been seconded to the Takeover Panel as a joint secretary for two years. He is the third member of the panel’s law team – a Herbert Smith and a Linklaters & Paines secondee are already on it. The panel chooses from City law firms in rotation.

Charles Russelll returns to Comdex

CHARLES Russell will be the legal world’s sole representative at the global computer exhibition Comdex/UK ’97, which is being held at Earl’s Court on 22-24 April. Partners and specialists from the firm will man a stand for the second year running. They will offer advice on information technology, communications and intellectual property law. “All the […]

A message for men

The third Woman Lawyer conference excelled itself this year, by putting Lord Woolf on the spot when, facing Jennifer Nadel, ITN’s Home Affairs editor, he conceded he would like to see consideration of a fast track to help women up the legal ladder. Obviously, he said, this did not mean positive discrimination, but a recognition […]

Taking economy classes

The quest for post-recession growth is forcing an increasing number of firms to take stock of how they manage their expenses. One of the main subjects that should be scrutinised by finance directors and senior partners is business travel and related expenses. European companies spend almost £94bn on business travel each year. This is often […]

A black mark against the black horse

Lloyds Bank faces what could, potentially, turn into an embarrassing and damaging confrontation with freelance photographer Nicholas Rogers. Not only is Lloyds being sued for alleged over-charging, but following its failure in the Court of Appeal last December to block the action, it now faces libel claims over statements made about Rogers’ account. The case […]

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