Time right for reform, says Pembridge

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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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Something to declare

The last few years have seen a significant increase in the number of US lawyers who have moved to London. In addition to the expansion of US law firms such as Coudert Brothers and Sidley & Austin, several large English firms have hired US lawyers. Far from discouraging them, UK immigration rules contain special concessions […]

SFO clocks up 72 cases in one year

THE SERIOUS Fraud Office worked on a total of 72 cases during the year from 5 April 1994 to 4 April 1995, says its annual report. Thirteen trials were concluded resulting in the conviction of 16 individuals and 15 defendants were acquitted. The workload was dominated by fraud on banks, financial institutions, and on creditors […]

SCB slams City litigation tactics

CITY firms have been attacked by the Solicitors Complaints Bureau (SCB) for lodging complaints against opposing firms as a tactic to gain the upper hand in litigation battles. The censure, which forms part of the SCB’s annual report for 1994, has baffled London Solicitors Litigators Association president Michael Seymour who is unaware of the practice. […]

Practice director strikes deal with Fountain Court

John Malpas reports THE FORMER practice director of the largest UK set has agreed an out of court settlement after a dispute which he says typifies the tensions between barristers and managers. Details of the settlement between David Symonds and 5 Fountain Court are not being revealed but Symonds says he is happy with the […]

Paris Bar takes up arms over adverts

THE PARIS Bar has hit out at multi-disciplinary practice Arthur Andersen claiming a recent advertising campaign by the organisation’s French consultancy contravenes the legal profession’s regulations. In recent notices in the French press, Paris Bar president Jean-Rene Farthouat said the advertisements for Andersen Consulting, placed in the electronic and print media, had breached Bar rules […]

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