Extending PEPs

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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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Nabarros reviews salary situation of secretarial staff laid off with RSI

A NUMBER of Nabarro Nathanson secretaries suffering from upper limb disorder have been told they will have their salaries terminated. The decision by the firm comes after some of the secretaries have been off work on full pay for between six months and two years. However, the plan is not to terminate their employment but […]

Bristol & West turn up heat on SIF in Beccle fraud claim

THE BRISTOL & West Building Society is putting increasing pressure on the Solicitors Indemnity Fund to pay up the u500,000 compensation resulting from the alleged remortgaging frauds totalling u1 million by ex-solicitor Geoffrey Beccle. The sale of a property in London last week acted as the trigger for Bristol & West and several other building […]

Travellers' advice line moves forward

CARDIFF Law School has launched an innovative telephone service to provide legal advice for gypsy and new age travellers. The pilot is funded by the Law School and a national charity which wishes to remain anonymous but which works to provide access to justice. It aims to offer user-friendly frontline legal advice to travellers. Project […]

A bit of a misnomer?

Tom Picton-Phillips of the mis-named County Court Users Association (the debt recovery association?) is not doing his members’ interests any favours by advocating in his article ‘Courting executive status’ (The Lawyer 21 March) that plaintiffs in child custody and personal injury actions should pay the full cost of their use of the courts, rather than […]

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