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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

YSG accused of 'humbug and lies'

A new Law Society election row has erupted – this time over the deputy vice-presidency. One candidate is branding chairman of the Young Solicitors Group (YSG) Richard Moorhead a “political charlatan” for backing his former boss Michael Napier. Candidate Trevor Murray launched a stinging attack on Moorhead after the YSG publicly endorsed his opponent. Murray […]

City firms' M&A work set to plummet

Lawyers are predicting a dramatic drop in mergers and acquisitions work because of client fears over the millennium bug. John Tucker, banking partner at Linklaters, says: “Lawyers are speculating about how deals may be suspended. People are seeking to avoid completion dates over this period. “Banking lawyers are consulting about what degree work flows may […]

MMR vaccine case set to break compensation records

The lawyer acting for thousands of families who claim their children have been damaged by the measles mumps rubella vaccine says the case could become the largest-ever litigation in the UK. Clinical negligence lawyer Richard Barr, a partner at Alexander Harris, began the action against five pharmaceutical companies at a case management conference in the […]

JP Morgan loses third senior in-house lawyer

US investment bank JP Morgan is losing its third senior in-house lawyer in five months. Barbara Jones, regional counsel for capital markets for Europe, Middle East and Africa, is moving to the London office of US firm Kirkland & Ellis on 1 October. No replacement has been found and it remains unclear who will handle […]

Litigator's View

Avon and Somerset Police are heading for a showdown at the High Court with a man who is accusing them of wrongfully taking away the tools of his trade. Leslie Aaronson, also known as Lester Aaronson, according to claim documents issued at the High Court in London, is seeking damages from the police, who he […]

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