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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

SPBG identifies in-housers as valuable pro bono patrons

A pro bono initiative for lawyers is targeting in-house legal teams as a new and relatively untapped market. Earlier in the month the Solicitors Pro Bono Group (SPBG) and the European chapter of the Association of Corporate Counsel (ACC Europe) hosted a networking event for employed lawyers at the Foreign & Commonwealth Office in its […]

Criminal bar strike off as Carter talks pay off

Criminal barristers who have been refusing instructions in the row over legal aid are returning to work, it emerged today (27 October). The Midlands and Northern Circuits have been hit since 3 October by strike action, which saw hundreds of individual barristers refuse new instructions in criminal legal aid cases. However the circuits’ leaders now […]

Beachcrofts to investigate international relationships

Beachcroft Wansbroughs has commissioned outgoing managing partner Bob Heslett to launch a sweeping review of its international strategy. Heslett’s brief is to examine Beachcrofts’ current membership of networks and its relationships with firms in other jurisdictions. “It needs to be a much tighter relationship than we have now,” commented senior partner Simon Hodson. Beachcrofts is not planning […]

EU Commissioner calls for litigation reform

EU competition commissioner Neelie Kroes has called for wholesale reform to encourage private litigation of competition abuses. The existing system creates too many hurdles for plaintiffs, she told a conference in Paris. “Steps towards more private enforcement of European competition rules would require a solid and balanced legal framework and a good dose of common sense,” said […]

BA counsel goes before the Lords to defend DVT claims

British Airways (BA) general counsel Robert Webb QC was in the House of Lords earlier this month to defend the airline’s record on deep vein thrombosis (DVT). Webb appeared in response to an appeal from a group of claimants who allege that they suffered DVT after travelling on BA flights. He was instructed by Sean Gates of […]

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