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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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Burges guides AGM’s grand pier takeover

Burges Salmon has advised AGM Holdings on the multimillion-pound takeover of Weston-super-Mare’s most visible tourist attraction, the Grand Pier. Burges Salmon’s team was led by associate Camilla Usher-Clark, who worked with property partner Richard Read on the deal. She said: “Piers don’t come up for sale very often and each has its unique features. For […]

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RPC leads insurance charge to Bermuda

Reynolds Porter Chamberlain (RPC) is sending a reconnaissance team to Bermuda to scout the possibility of launching on the island. Reynolds Porter Chamberlain (RPC) is sending a reconnaissance team to Bermuda to scout the possibility of launching on the island. The firm’s initiative comes as a growing number of UK firms look to join UK-based […]

Bupa to slash legal panel

Healthcare giant Bupa is undertaking a wholesale panel review aimed at cutting panel firm numbers and slashing overall legal costs. Healthcare giant Bupa is undertaking a wholesale panel review aimed at cutting panel firm numbers and slashing overall legal costs. Group legal director Paul Newton said he is reviewing the firms for M&A, litigation and […]

BSB, IBC to amend code for support staff

The Bar Standards Board (BSB) and the Institute of Barristers’ Clerks (IBC) have entered negotiations to amend the Bar Code of Conduct to give chambers staff more security. The bar Standards Board (BSB) and the Institute of Barristers’ Clerks (IBC) have entered negotiations to amend the Bar Code of Conduct to give chambers staff more […]

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