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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

Bindmans leads Lloyds TSB union in data battle

Renowned human rights firm Bindman & Partners is advising Lloyds TSB’s workers’ union on its legal attack on the bank’s offshore outsourcing, which could threaten the future of the practice. The claimants allege that Lloyds TSB is exporting its clients’ sensitive personal data to India, which does not have the same stringent standards of protection […]

Investing in the future

Talent management is high on the agenda at many law firms. Sue Conder reports The ability to secure the best people and to exploit the full potential of their expertise and creativity is the characteristic that marks out a successful law firm. Signs of an economic upturn mean that the challenge of retaining good people […]

Olswang handles casino deal

Olswang has reaffirmed its position as a key adviser of Capital & Regional’s leisure division X-Leisure after advising it on negotiations to open a casino at the company’s Great Northern leisure development in Manchester. The instruction follows X-Leisure’s instruction of Berwin Leighton Paisner (BLP) earlier this month, to advise on the purchase of a section […]

Letter

We refer to the article ‘Animal activists seek to exploit weaknesses in BOC injunction’, that appeared in the 16 August 2004 edition of The Lawyer. In fact, contrary to the analysis undertaken by the ‘Student Urban Lawyers Collective’, BOC’s injunction applies to all BOC sites, and, indeed, to any other location, including the homes of […]

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Unfair dismissal claim questions reach of Sarbanes-Oxley

The international implications of Sarbanes-Oxley were being examined last week as two former employees of the Swatch Group claimed for unfair dismissal under ‘whistleblower’ protection provisions. Although Joseph Ede and Matthieu Phanthala’s complaint has been thrown out by the US Department of Labor, it raises questions over the jurisdictional reach of Sarbanes-Oxley. Ede and Phanthala […]

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