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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

Shoosmiths installs single number system

Regional firm Shoosmiths & Harrison has recently invested £350,000 upgrading its telecommunications system. The firm has had 450 voice-mail boxes installed, and it plans to add the Octel HotDesk system soon. This means that employees can be contacted on any of their phones, at home or on a mobile, through a single phone number. The […]

Halliwells raises a glass to Boddingtons pensions

Halliwell Landau’s recently-formed independent trustee company has been appointed trustee to a retirement scheme set up by Boddingtons, the drinks company taken over by rival Greenalls last year. The new company, Halliwell Landau Trustees, includes partner Ann Taylor who recently joined to head up the firm’s pensions department. “As the independent trustees of the scheme, […]

On the up and up down under

Over the last year the Australian corporate sector has turned the corner. Inward investment, company flotations and takeover activity are all rising, which is good news at last for the country’s recession-weary commercial law firms. John Shirbin, acting managing partner of Clayton Utz, says the recovery has been spurred by reforms initiated by the right-wing […]

'We are made scapegoats' say Irish solicitors over ads furore

The Law Society of Ireland has angrily rejected claims that irresponsible advertising by solicitors has lead to rocketing insurance cover for hospital consultants. The Irish Hospital Consultants’ Association blames “ambulance-chasing solicitors” for the average cost of cover jumping from £800 to £30,000 per annum over the past 10 years. “Ambulance-chasing solicitors, using billboard publicity campaigns, […]

Oppenhoffs' man in London heads home

Michael Lappe, resident partner at the London office of German firm Oppenhoff & Radler, is leaving the UK to join the firm’s office in Berlin. He is replaced by Oppenhoff & Radler partner Ulrich Wolff, who comes from the banking department of the firm’s Frankfurt office. Lappe, who established the London office four and a […]

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