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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

Look to the future or fail, urges Hayes

Outgoing Law Society secretary general John Hayes has warned that the current turmoil in the profession “is not revolution but the possible emergence of a flat earth law society”. In a lecture organised by the European Policy Forum last Thursday, Hayes admonished hostility to beneficial developments in the profession with a veiled attack on president […]

In brief: East Anglian firm picks up contracts

An Ipswich law firm has won two five-year contracts to carry out conveyancing and commercial contract work for Westminster Council. Gotelee & Goldsmith, already acting for six local authorities, beat tenders from firms around the country. The successful team was led by partners Brian Morron, Mary Dolley, Howard Nichols and consultant Charles Twiss. The firm […]

Young Irish barristers take hats off to wigs

A SUCCESSFUL campaign to preserve the wig-wearing tradition in the Irish courts was spearheaded by the younger members of the profession, according to the Irish Bar Council’s director general. The attitude of the more junior barristers has provided a surprising twist in the long road to the liberalisation of court dress in the Republic of […]

Lloyd & Associates attracts a clutch of new partners

A NEW London law firm has grown from two partners to six in its first 10 months of operation. Lloyd & Associates also expects a turnover of more than £1 million within its first 18 months. The South Kensington practice was established in May last year by John Lloyd and Meena Heath, both of Lloyd […]

Govt slammed for 'petty' LC cuts

A bid by the Law Commission to employ more lawyers has been rejected by the Lord Chancellor’s Department due to cuts in public expenditure. Pressure on public finances also means that the commission is being forced to cut its budget by 5 per cent this year, to near 1994 levels. Secretary Michael Sayers is hopeful […]

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