Booth cleared of professional misconduct

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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

The offshore issue

Ian Muirhead The rule of thumb for UK residents considering investing offshore, as opposed to investing overseas through UK collective investment vehicles, is the same as that for investing in investment bonds: don’t, except in a small number of specific situations. The reason for this caution in relation to investment bonds is that they are […]

Board and society row over audit

THE LEGAL Aid Board has attacked the Law Society, claiming it named a London law firm whose franchise was suspended. But society head of professional policy Russell Wallman says the accusation is a bid to divert attention from the board’s “disgraceful” behaviour over the suspension. Evans Butler Wade is threatening the LAB with legal action […]

From despair to where?

As UK universities churn out law graduates at a far greater rate than the profession can handle, many would-be lawyers ask whether the needs of students and trainees are adequately represented by the Law Society. Each year approximately 7,000 people graduate from the Legal Practice Course (LPC) while students face the dismal prospect of competing […]

Lockley: Spearheads review

“THE Need to do better in getting over our message to the profession,” is cited by Law Society secretary general John Hayes as a key reason for the Chancery Lane administrative shake-up. But Council member Martin Mears, the anti-Chancery Lane presidential candidate, is unimpressed. “It’s a mere bureaucratic reshuffle without any significance whatsoever,” he says. […]

Don't drop, bounce back

Many law students are now facing the harsh reality that there are simply not enough training contracts to go round. Having sent numerous applications into countless law firms since the second year of their degrees, they have now resigned themselves to taking a year off and trying again in 1996. Most would like us to […]

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