Moves 4 November

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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 […]

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HMRC’s general counsel Anthony Inglese to retire in January

One of the government’s leading lawyers, HM Revenue & Customs (HMRC) general counsel Anthony Inglese, is to retire. Inglese has headed the 200-strong legal team at HMRC since March 2008 having spent his entire 38-year legal career in public service, after joining the civil service in 1975 to train as a barrister. Before taking up […]

Herbert Smith Freehills has selected Aderant Expert as the optimal solution for the newly merged global firm

In 2012 Herbert Smith and Freehills, both long-standing Aderant clients, merged forming Herbert Smith Freehills LLP. Herbert Smith Freehills is now a leading international law firm with 29 offices (including associated offices) across Asia, Australia, Europe, the Middle East, and the United States. The firm currently has 5,500 employees, including 2,800 lawyers. The newly merged […]

New guidance for employers on preventing illegal working published

By Sarah Booth The UK Border Agency (UKBA) has updated its guidance for employers on preventing illegal working in the UK. On 28 October 2013, the UKBA published an updated version of its full guide for employers on preventing illegal working in the UK. This new version replaces the previous one published in May 2012. […]

ATE insurance premiums must relate to the cost exposure they purport to cover

One of the main Jackson reforms to affect civil litigation, which came into force in April 2013, was the abolition of the recoverability of after-the-event (ATE) insurance premiums and success fees in conditional fee agreements (CFAs) from the losing (paying) party. This applies to ATE policies and CFAs entered into after 1 April, save in relation […]

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Law Society chief: vote could force resignation

A profession-wide vote of no confidence in the leadership of the Law Society would force the organisation’s top bureaucrat to consider his position, the chief executive acknowledged to The Lawyer today in an exclusive interview. Chancery Lane’s hierarchy faces intense pressure from criminal law specialist solicitors, who claim the society has failed to represent their […]

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