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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

Homing in on home working

Home working is now more popular, and freelance lawyers are a flexible option. By James Knight In January this year, a ‘You Work’ survey reported that 34 per cent of executives now work at least part of the time at home. Respondents to the survey cited email technology and generally woeful public transport systems as […]

Tack is the new black

Move over, London. Milton Keynes is the UK’s new fashion capital. Well, at least it is in the eyes of Addleshaw Goddard’s technology, media and IP group. At a recent retreat (held in the Midlands concrete cow capital) partners and assistants strutted their stuff during a glitzy catwalk show. As part of the unusual bonding […]

Shaw Pittman opens in Taiwan

US firm Shaw Pittman has opened an office in Taipei and launched a strategic alliance with Taiwanese firm Chien Yeh Law Offices. Partner Yitai Hu joined Shaw Pittman in April and will head the Taipei office, which will primarily be advising clients on intellectual property issues. “We’re here today because we believe the future of […]

New complaints body launched

A new body to deal with complaints against the legal profession was formally launched today (28 October) by the Lord Chancellor, Lord Falconer. The Office of the Legal Services Complaints Commissioner (LSCC) has full powers to set targets and to fine the Law Society if it fails to deal with complaints. The news follows the […]

Lovells accused of ‘drafting witness statements’ as Villalba draws to close

Counsel for Stephanie Villalba, the former investment banker suing Merrill Lynch in a record £7.5m discrimination claim, last week made a closing statement alleging the bank’s law firm Lovells had “centrally drafted” witness statements. Dinah Rose of Blackstone Chambers, instructed by Lewis Silkin, told the employment tribunal in Croydon that there was “strong evidence” that […]

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