Lovells wins tax battle for British Steel

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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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It's been a good week for…

1980s new romantics Spandau Ballet. Three Spandaus may face financial ruin after losing a court battle with songwriter Gary Kemp for a share of royalties worth u1m, but the band has found a new fan. Mr Justice Park, who presided over the case in the High Court, has been walking round his home whistling to […]

Lawyers swap firms as med neg panel regime kicks in

Hundreds of lawyers are being forced to jump ship as time runs out for the vast majority of firms allowed to handle legal aid clinical negligence cases. Two new panels of specialist practitioners will cut the number of firms that can take on such cases from about 3,200 last year to just 200 this year, […]

CC Brussels arm poaches Stibbe Simont partner

Clifford Chance’s Brussels office has poached a partner from a top Belgian-Dutch firm. Axel Miller joins Clifford Chance’s Belgian law practice as a partner from Stibbe Simont Monahan Duhot. Miller is a corporate lawyer whose expertise includes acquisitions, IPOs and business reorganisations. He was a partner at Stibbe Simont from 1996 and was a member […]

Barclays halves its legal panel

Barclays is tearing its corporate recovery panel in half blaming diminished business for the reduction. The panel currently consists of 13 firms but is expected to be slashed to between just four to six practices in a process which will be completed by the end of June. William Lewis, head of legal services (recovery), says: […]

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