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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

Time to lift the lid on County Court justice

A FAILED application to gain access to a County Court summons which was made by the The Lawyer on 26 June has revealed a significant discrepancy in the operation of the civil courts. It is a long held tradition of the High Court that writs are made available to the public. The practice has never […]

In brief: Linnells picks up Dallas Best partners

The remaining two partners at the office of dissolved Oxford practice Dallas Brett commercial litigator Andrew Shaw and aviation specialist Glenvil Smith have been picked up by Oxford firm Linnells, along with Dallas Brett assistant Danielle Battigelli. The seven-partner firm dissolved in November after three intellectual property partners left for Rouse & Co in London.

Property

Hammond Suddards advised P&O Property Holdings on the £320m sale of the Arndale Centre in Manchester to Prudential, advised by Lovell White Durrant.

Manches suffers triple loss as prized partners depart from firm

Manches & Co has suffered a triple loss its head of banking Andrew Knight, and head of insolvency Andrew Visintin are to join Edge & Ellison in London, while regulatory partner-designate Maeve Bromwich has left after only two months to go in-house at Merrill Lynch. Manches recruited Andrew Knight from Hammond Suddards two years ago […]

US survey finds gulf in expectations

US law firms expect to receive far more work in the next three years than US in-house counsel expect to send them, a nationwide survey has revealed. While less than 5 per cent of in-house counsel intend to send more corporate work to law firms, 58 per cent of firms expect to get more work, […]

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