Is US-style class action litigation coming to the EU?

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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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Shoosmiths aims to raise £60,000 for Barnado’s by April 2014

Shoosmiths is aiming to raise at least £60,000 for Barnado’s by the end of next April. The money will enable the children’s charity to employ two specialist workers to tackle child sexual exploitation — an issue it believes is the most pressing and hidden child protection issue for UK children aged 10 and over. Shoosmiths’ […]

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Kennedys and Simpson & Marwick call off merger

Kennedys and Scottish firm Simpson & Marwick have called off their planned merger, citing “complex reasons”. The firms issued a joint statement today (11 December), six weeks after postponing the original merger date of 1 November (25 October 2013). In the statement, the firms said: “Both firms and their partners hold each other in the […]

Loneliness and the elderly

By Lara Murrell Loneliness in the UK is a serious problem. Statistics from the Office for National Statistics show that one in 10 people aged 65 or over feel lonely often or always. According to the Campaign to End Loneliness there are 800,000 people in England who are chronically lonely and that more than 75 per […]

Former HSF partner fulfils E&Y’s Singapore ambition

It’s no secret that the “big four” accounting firms are trying to push into the legal services in the UK. Today, The Lawyer revealed that Ernst & Young is now extending its legal ambition to Singapore, a regional hub and a gateway to South East Asia’s rapidly growing economies. It’s well known that the “big […]

Eversheds comments on government’s aim to put UK at centre of global shale industry

Elizabeth Shepherd, head of environment, and Greg Hammond, head of international oil and gas at Eversheds, have commented following the UK chancellor’s announcement in the Autumn Statement on further tax incentives for shale gas investments. Shepherd said: ‘There is no doubt of the UK government’s intention to attract global shale gas operators with today’s announcement, […]

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