US and City firms win game, set and match

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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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1 Crown Office appoints ex-Druces & Attlee chief

Bob Wilson is to become chambers director at 1 Crown Office Row after leaving his post as chief operating officer of city firm Druces & Attlee. Wilson left Druces & Attlee in March with a mutually agreed redundancy settlement. Wilson’s appointment marks the completion of a programme of restructuring at 1 Crown Office Row which […]

MPs back The Lawyer over Access to Justice campaign

Labour MPs have backed The Lawyer’s legal aid campaign in the House of Commons debate on the Access to Justice Bill. Both South Derbyshire MP Mark Todd and Hendon MP Andrew Dismore referred in the debate to The Lawyer’s campaign, which highlights personal injury cases which may not be eligible for legal aid under the […]

Ex in-house lawyer starts recruitment firm

A FORMER head of legal at a nuclear generating company has set up her own recruitment business. Elizabeth Warner-Smith is launching legal recruitment consultancy Summit Legal after taking a seven-month career break to look after her baby son. Warner-Smith was formally head of legal services at Magnox Electric. She says: “I didn’t go back to […]

CC lawyers want extra millennium's eve cash…

Clifford Chance lawyers are in negotiation with bosses over getting extra cash if they are stuck working on deals as the new millennium is rung in. A spokesman for the firm confirms that people will be in the office at midnight on 31 December IT staff as well as lawyers, if required. “If that’s what […]

Square Mile

The professional indemnity saga takes another turn this week when the outcome of the recent ballot of all solicitors is announced. As a supporter of the proposal to permit solicitors to insure through the market, I do not share the views expressed in this column some weeks ago (29 March) by Lord Hunt of Wirral, […]

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