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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

City firm installs disaster safety net

BIDDLE & Co goes live this week with a new IT infrastructure designed to withstand terrorist attacks, fires, bombs and other disasters. The City firm intends to test-drive the new system among its secretaries before training lawyers to use it. The system is based on DEC Alpha hardware supplied by Resolution Systems, and uses Microsoft […]

In brief: Ashursts loses two senior administrators

Ashurst Morris Crisp’s backroom departments have lost two, and possibly three, senior managers since Ian Nisse’s appointment as managing partner in May. The firm is still looking for a head of information technology, to replace David Lumsden, who left in May, while Sally James, head of personnel, is also to leave the practice. It is […]

Cherie Booth QC takes top honour in front of 600 at Lawyer/Hifal awards

More than 600 lawyers toasted the winners of the third annual Lawyer/Hifal awards at London’s Park Lane Hilton on Friday night. The sell-out event, which saw Cherie Booth QC scoop the prestigious Legal Personality of the Year award, attracted the great, the good and the glamourous of the legal world. A 52-member panel made up […]

Property

Manches & Co acted for Novembre Properties on its purchase of Salford City Shopping Centre from Land Securities advised by Simmons & Simmons and Hillier Parker. Merita Bank, advised by DJ Freeman, financed the purchase.

Couderts forges links with Hungarian firm

US firm Coudert Brothers has announced a formal association with Hungary’s largest law firm, Nagy es Trocsanyi . Coudert Brothers partner Clyde Rankin, who is responsible for the practice’s European offices, said the affiliation would be the largest link-up of its kind in Hungary and would help exploit huge investment opportunities in the country. Rankin […]

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