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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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Beiten to vote on German merger

The merger bid was given official backing by the Beiten Burkhardt partnership at the end of July, but it is understood that since then, there have been a number of difficulties that have had to be overcome.One anticipated problem was that T&G is structured as a German company and therefore will be difficult to integrate […]

WTO specialists fight for place on advisory roster

A roster of law firms is being set up by a multimillion-pound Geneva-based independent body that aims to help countries defend their interests in the World Trade Organisation (WTO). The Advisory Centre on WTO Law, which is about to recruit three full-time lawyers, has been in talks with several UK law firms about specialist outsourcing […]

Bar Talk

Contracts usually contain a governing law clause and then the position on which law applies is clear. But sometimes, either intentionally or through omission, the governing law clause is omitted. What happens, then, if the contract is litigated? The English courts have formerly applied detailed rules to determine the governing law. In 1990, the Contracts […]

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