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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

New faces line up after Bar election

THE BAR leadership elections have resulted in new faces appearing in the top three positions and the first employed lawyer admitted to the Bar’s senior management team. David Penry-Davey QC was elected as the next deputy chairman, beating current treasurer Martin Bowley QC in what finally became a two-horse race. Penry-Davey is a criminal and […]

Blue Arrow Berry pursues DTI

LONDON firm Gordon Dadds is to make an application for costs on behalf of its client Tony Berry, former chairman of Blue Arrow, against the Department of Trade and Industry following the DTI’s decision to drop the disqualification proceedings last week. The DTI has said that each side should bear its own costs, says the […]

Points wide of the mark

Your 4 October edition had a number of interesting articles about what the membership thinks of the Law Society’s leadership and functions. Geoffrey Adams of Cardiff is wide of the mark on two matters he mentions. The first is the history of franchising negotiations. The society did not suddenly “decide to consult with the profession” […]

Accident panel gets sole access to fees insurance

NON-MEMBERS of the Law Society’s Accident Line panel of lawyers will effectively be barred from taking on conditional fee cases, it has emerged. Vital insurance cover, to be launched by the society when the new regulations have cleared their final parliamentary hurdle, will only be available to Accident Line members taking personal injury cases. New […]

Firms cash in on coal sell-off

Freshfields looks set to be the on-going legal advisers for the biggest winner in the coal privatisation bonanza. The firm’s client, RJB Mining, formerly a British Coal opencast contractor, is expected to take most of the British Coal regions, together with contracts estimated at u1 billion a year. Also likely to benefit is Midlands firm […]

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