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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

Eversheds takes Pennine way

NATIONAL practice Eversheds is merging its Leeds and Manchester offices to build a cross-Pennine powerhouse. The firm, the second-largest in the UK, will make the change on 1 June to coincide with its move to a single name. The two offices will remain open, but under a single management structure and combined profit centre. In […]

Couple sues firm for severe 'disruption' of lives

A FIRM is being sued over a property deal which allegedly caused a couple to live and work from a hotel for a month and twice postpone a holiday to Italy. The writ, drawn up by Islington-based Bolt Burdon, has been issued against Chesham firm Richardson Smith & Co. Richardson Smith partner Linda Wood says […]

Bakers merges with Chile firm

INTERNATIONAL giant Baker & McKenzie has merged with Santiago practice Cruzat, Ortuzar & Mackenna, to establish the first multi-national law firm in the city. The firm, which has more than 50 offices in 34 countries across the globe, already operates a strong Latin American network with offices in Caracas, Bogota, Brasilia, Buenos Aires, Rio de […]

Jonathan Isted examines a new twist in the discovery debate

The recommendations in Lord Woolf’s interim report to the Lord Chancellor will send a shiver down the spine of any litigator who routinely deploys discovery “siege gun” tactics in the conduct of large cases. It is well known that the existing rules of Order 24 provide the opportunity for the parties and their advisers to […]

Set to take on London

David Adams led the team at Travers Smith Braithwaite which acted for Clinton Cards in its £27.5m acquisition of GSG Holdings. Norton Rose acted for the underwriter HSBC Investments and Eversheds acted for the vendors. Paisner & Co’s Rosemary Sutherland acted for George Bateman & Son in its disposal of its Radial Free Trade business […]

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