Addleshaws shuts debt recovery unit

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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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Tax silk sued for 'bad advice' over church alcohol sales

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…as it prepares for fresh employment work after City sees red on sexsites

Lawyers are set to cash in on an anticipated spate of sackings by Citybanks of employees found emailing pornography.David Green, head of employment at Charles Russell, says he is currentlyworking on four cases with City institutions involving porn on theinternet. “Sackings will start very soon,” says Green.He says banks are, for the first time, taking […]

Caymans gag stays on ex-Linklaters lawyer

An injunction has been upheld against a former Linklaters and CliffordChance lawyer being sued for allegedly misusing confidential information inthe Cayman Islands.The 27 May injunction restrains Ann Nealon, who left the Cayman IslandsStock Exchange (CSX) a week before as chief executive, from disclosingconfidential information about eight previous stock exchange clients.Nealon’s lawyers’ challenge to the ruling […]

DJ Freeman foils property partner exit

Rising star City firm Orchard thought it had scored a coup by poaching atop property partner from giant rival DJ Freeman.David Coupe even went so far as to announce his departure as deputy headof DJ Freeman’s property services team. An email was sent to all staffinforming them of his move. Orchard photographed him for publicity […]

The Taylor report

Sitting on Paul Taylor’s desk in Berrymans Lace Mawer’s office inSalisbury House is a confidential dossier containing his “four point plan”for transforming the firm into a national player.The masterplan documents are headed “current”, “previous” and “hybrid”.They reveal the changing fortunes of the firm and the future strategy ofclient-led expansion.The firm, created after the merger of […]

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