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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 call time on licensing laws?

David Young, partner, Eversheds Elizabeth Southorn, head of licensing unit, Richards Butler Peter Glazebrook, partner, Field Fisher Waterhouse The Home Office is under increased pressure from the drinks industry to review proposals on liquor licensing laws. A group of trade bodies representing the industry presented a list of proposed changes to the Home Office last […]

A&O risks losing client as it fields takeover bid

Allen & Overy is trying to retain its long-term client Bristol United Press (BUP) as the company undergoes a multimillion pound takeover. A&O, which has represented BUP since 1991, is currently fielding a £121.5m offer from Daily Mail & General Trust (DMGT), which is being advised by Freshfields. Julian Long, corporate partner at Freshfields, is […]

In brief: Greenberg Traurig

Greenberg Traurig, ranked 64th biggest law firm in the US in terms of gross revenue, has taken over 30-lawyer corporate, litigation and property firm O’Connor Cavanagh in Phoenix. Greenbergs has also opened new offices in Boston, having poached three partners and two associates from Eckert Seamans Cherin & Mellott.

PwC plans total integration of legal network

Big five accountancy firm PricewaterhouseCoopers is planning to impose a new integrated structure for its entire legal network and a common brand name before the end of the year. The accountancy giant has appointed branding consultancy Interbrand Newell & Sorrell to come up with a single global name for its law firms which include the […]

B&M hires head of tax from KPMG

Baker & McKenzie has found a head of tax for its Madrid office, as the global firm builds its international tax group. Partner Isabel de Otaola y Ubieta has joined the firm from KPMG’s Spanish law firm to take over leadership of the Madrid-based tax team. The position she fills became vacant following the departure […]

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