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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 […]

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Norton Rose raids US firms to boost US securities practice

Norton Rose is raiding US firms in an effort to build its London-based US securities practice. The UK firm is poised to take on US-trained partners to its US securities team – which was established in September – in a move dubbed by observers as “both offensive and defensive”. Sources say a strengthened US securities […]

It's too early for reform comment

Write to: The Editor, The Lawyer, 50 Poland Street, London W1V 4AX, fax 0171 970 4640, e-mail lawyer.edit@chiron.co.uk, DX44700 Soho Square. I read with concern an article describing the civil courts as being in chaos after the implementation of the Civil Justice Reforms (The Lawyer, 7 June). As chief executive of the Court Service Agency […]

Withers takes over niche IP firm in departmental revamp

City firm Withers is taking over specialist intellectual property firm Maycock’s. The acquisition will go ahead in August, with Maycock’s City office shutting down. Founding partner John Maycock will head Withers’ revamped IP unit. The unit will have two partners including Maycock, and two assistants. The acquisition follows the departure of Maycock’s partner Peter McBride, […]

SIF accused in phone poll row

Opponents of the Solicitors Indemnity Fund (SIF) are accusing the insurer of attempting to justify its existence via a “half-baked and amateurish” phone poll. SIF is believed to have engaged market research company ORC International to canvass solicitors’ views on professional indemnity. The move follows a postal ballot in which 70 per cent of voters […]

Dibbs beats CC in KPMG MBO survey

Dibb Lupton Alsop has topped the latest management buy-out survey from KPMG. In the latest edition of the quarterly Management Buy-Out Commentary, KPMG places the national firm ahead of both Clifford Chance and the legal section of venture capital company 3i. The survey gives a running total for management buy-outs and buy-ins (MBOs/ MBIs) carried […]

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