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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

Lawyers split on privacy status quo

THE GOVERNMENT’S wholesale rejection of tougher privacy laws has won a mixed reaction from lawyers, with some warning that tabloid excesses will now continue unchecked. Those acting for the press welcome the Government’s recognition of the difficulties inherent in privacy law. However, plaintiff lawyers criticise the Government for failing to consider “serious public concerns”. Andrew […]

CONFERENCE PREVIEW

The ABA conference will play host to the former chair of the US Joint Chiefs of Staff who will be speaking on ‘The management of crisis and change’. The former White House press secretary may impart useful information gleaned from a recent stint with President Clinton. As Clinton is aware, the media plays a dominant […]

Firms look to stay Lloyd's trials in hope of settlement

Solicitors acting for Lloyd’s Names action groups whose court actions start in the next few months are applying for adjournments of their trials in order to await more details of the Lloyd’s Corporation’s £2.8 billion settlement plan. At least three action groups applied last week to adjourn, including the 1,250-member Wellington Names group, advised by […]

What's top of the agenda?

This year’s ABA boasts a year of firsts with plenty of official and unofficial debates. Anne Gallagher anticipates the topics As the ABA annual meeting draws near, the association can boast of a new era. A woman president is poised to take the helm in August for the first time in the association’s 117-year history, […]

Burmah job losses

THREE in-house lawyers have lost their jobs after the team was disbanded following the £83 million sale of Burmah’s petrol retailing arm. Burmah Petroleum Fuel’s two solicitors and departmental head Nick Scott were not re-employed when the business was sold by parent company Burmah to the Frost Group. The blow follows a period of uncertainty, […]

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