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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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Footballing ups and downs at Stevenage

Court 57 at London’s Royal Courts of Justice has become a focus of football attention over the past fortnight. Mr Justice Carnwath has been engaged on a hearing which could challenge the way the Football League manages promotion. Judgment on the case, which is expected some time in August or September, could affect league rules […]

Winning back the client's trust

The new presidential team at Chancery Lane has Martin Mears to thank for, hopefully, burying the previous ‘Buggin’s turn’ approach to the Law Society’s highest offices and for the chance to take some of the opportunities which he spurned. Mears has constantly blamed the “old guard” still at the Law Society for his failure to […]

Lloyd's buoyed up by profits

Storm clouds are finally lifting from Lloyd’s of London after the embattled insurer reported record profits and successfully pushed through its rescue plan at meetings held last week. Litigation by Names, many of whom faced financial ruin after the market’s massive losses in the late 1980s, has subsided in the past year. This has helped […]

Holidaying barrister tele-commutes to court via video link to Marseilles

A BARRISTER whose holiday in France unexpectedly clashed with a court case gave his closing submission to a Birmingham judge via a video link. The move coincides with the announcement of a pilot telephone summonses procedure launched by judges in Manchester and Liverpool. Under the arrangement in Birmingham Judge Malcolm Potter, who sits at Birmingham […]

'Watershed' first agreement among rival Russian Bars

RUSSIA’S three largest rival groups of lawyers reached agreement for the first time ever at the International Bar Association conference in Moscow this month. Since the fall of communism and the break up of the Soviet Union, groups regulating Russian lawyers have splintered and have been competing bitterly for members. Now, in the first signs […]

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