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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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Property

Ashurst Morris Crisp acted for the Church Commissioners for England on a 200-year lease at 10 per cent gearing for £325 million to Capital Shopping Centres, advised by Nabarro Nathanson.

Hard-up justice

The Lawyer’s investigation into the state of the magistrates courts makes worrying reading. For the first time, justices’ chief executives (JCEs) have voiced their concerns. Most said they were under financial pressure, more than a quarter have made redundancies while two thirds said they had no confidence in the Government’s intentions to adequately fund the […]

Seal of approval for liability review plan

SOLICITORS and their clients will be significantly affected by any legal changes resulting from a Government-driven review of the law of joint and several liability, claim partnership experts. If the review recommends such changes, it could herald the adoption of proportional liability. Ronnie Fox, senior partner of Fox Williams and a partnership law specialist, said: […]

Insolvency expert takes top job

CITY firm Wilde Sapte has appointed insolvency partner Mark Andrews to take over from Charles Leeming as senior partner in January. Andrews, who has been with the firm since 1976 and a partner since 1979, will continue to work in the insolvency department, where he acted in the recent Paramount Airways Appeal to the House […]

Litigation Disciplinary Tribunals 05/12/95

Donald Edwin Strong, 57, admitted 1960, sole practitioner at Tadworth, Surrey, at material times, struck off and ordered to pay £1,217 costs. Allegations substantiated he dishonestly or improperly utilised client money for his own benefit, failed to maintain his accounts correctly and was guilty of unreasonable delay in completion of conveyancing formalities. Tribunal told investigation […]

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