Merger prospects for Birmingham sets rejected

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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

Duty solicitor scheme set for shake-up in LAB review

Firms without legal aid franchises may be excluded from undertaking duty solicitor police station work as part of a major shake-up of the scheme planned for the summer. The Legal Aid Board (LAB) is to embark on a three-month review of the scheme this week in response to claims from firms with criminal law franchises […]

Law Soc appoints Roger Smith to new education and training post

Legal Action Group (LAG) director Roger Smith has been snapped up by Chancery Lane to become its director of legal education and training. The move is a major fillip for the society, which has been slowly rebuilding its team of senior staff after the exodus of top officials following Martin Mears’ election as president. Smith, […]

Budget leaves islands in flux

Robert Clifford investigates how a raft of proposals announced by the Chancellor will affect the operation of offshore trusts. Robert Clifford is a partner at Theodore Goddard in Jersey. One certainty about the Chancellor, Gordon Brown’s first full Budget was that it would do no favours for the offshore islands. As expected, offshore trusts attracted […]

Euro threat prompts CC merger talks

CLIFFORD Chance is in preliminary merger talks with three leading European firms as part of a dramatic change of strategy in response to the expansionist ambitions of its UK rivals. The move comes as partners at Linklaters and the Alliance of European Lawyers gear up to vote on a plan to form a single-name legal […]

Isle of Man for all reasons

The Isle of Man shirks the “tax haven’ label preferring to promote itself as a reputable financial centre, writes Stephanie Apap Bologna. As opposed to rival centres, the Isle of Man promotes itself as a jurisdiction which still has plenty of room to accept more players. Stephanie Apap Bologna is a journalist at International Money […]

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