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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

Dechert departure spurs insurance withdrawal

Dechert’s London office is pulling out of the insurance market following the departure of partner James Lewis to LeBoeuf Lamb Greene & MacRae. Lewis, who became a partner in the firm in 1992, is expected to leave Dechert at the end of this week. His departure follows that of Charles Brown, head of Dechert’s City […]

Wynne appointed as new White & Case chairman

White & Case has completed the re-shuffle of its management team with the appointment of William Wynne as chairman. Wynne replaces Eugene Goodwillie, who returns to his project finance practice in New York. Duane Wall has been re-elected as managing partner and will serve a second four-year term. Kevin Barnard, Eric Berg, Timothy Goodell, Eberhard […]

Boies is back in town

The rumour mill in the US is awash with gossip that Microsoft is funding the SCO Group in its litigation against IBM and others over the free software system Linux. This was fuelled further by a leaked email from an SCO consultant to SCO Group vice-president Chris Sontag and SCO chief financial officer Bob Bench. […]

FFW prises IP pair from Laytons

Field Fisher Waterhouse (FFW) has nabbed intellectual property (IP) partners David Knight and Simon Chapman from regional firm Laytons. The pair will join FFW as partners. Knight focuses on patent litigation and Chapman concentrates on trademarks and copyright. The duo’s previous clients have included Hilton, Nokia, Remington, Reckitt Benckiser and Qinetiq.

CC partners give thumbs up to expulsion move

Clifford Chance lawyers have voted overwhelmingly in favour of sweeping reforms to the firm’s constitution, simplifying the cumbersome process of expelling partners. The result of a three week ballot, as exclusively revealed by The Lawyer, saw the firm’s management secure over the 85 per cent majority needed to push through the changes while well over […]

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