Herbert Smith avoids RBS’s aspersions thanks to judge in Highland case

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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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Tempers high over Dewey’s alleged “Ponzi scheme”

All hell is breaking loose around the carcass of extinct US firm Dewey & LeBoeuf, with a former partner now alleging what was previously unsayable: that Dewey’s management designed a Ponzi scheme to enrich themselves, lying about the financial black hole the firm was facing. The allegations come in a shocking lawsuit brought by ex-Dewey […]

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Blackstone’s Rose QC fails in bid to have Assange appeal reopened

The UK Supreme Court has rejected a bid by Blackstone Chambers silk Dinah Rose QC to re-open the extradition hearing of Wikileaks founder Julian Assange. Last month Matrix Chambers’ Clare Montgomery QC, instructed by the Swedish Prosecution Authority, was successful in her bid to have Assange extradited to Sweden to face sex offence allegations. But […]

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