St Philips barrister resigns to stand for BNP in general election

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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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Muted response to Budget from legal community

Lawyers have greeted Alistair Darling’s last Budget before the general election with a lukewarm response, believing his plans to further tax the City smack of electioneering electioneering. In today’s Budget speech the Chancellor said he will look to implement an international “systemic risk tax” on financial institutions as well as trailing a raft of anti-avoidance […]

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BLP prepares to take over Thames Water’s legal function

Berwin Leighton Paisner (BLP) is finalising a major deal with Thames Water that will see the utility company transfer its legal function over to the City firm. Under the terms of the deal, which is expected to be worth in the region of £5m per year to BLP, around 15 Thames Water lawyers will be […]

Cubism bags chief for employment launch

London litigation boutique Cubism Law has hired David Buckle from Thames Valley firm BP Collins to launch its ­employment practice. The move comes just weeks after it hired consultants Karen Pollock from Reynolds Porter Chamberlain and Peter Zombory-Moldovan from City firm Squire & Co for its new ­insurance ­practice. Cubism Law does not operate on […]

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Simmons mulls Ireland launch after EU directive

Simmons & Simmons is scoping the Irish market as part of extensive scenario planning for its funds ­practice. The proposed EU ­Directive on Alternative Investment Fund Managers, which could cause hedge funds to relocate offshore, is causing Simmons to look at Ireland among a number of ­other jurisdictions. Managing partner at ­Simmons Mark Dawkins said: “It’s scenario […]

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Focus: Diversity, Power to the pupils

Law firms are missing a trick by focusing their diversity schemes mainly on university students rather than A-level pupils. Lawyer 2B’s careers day helps out It is not every day that you hear students ask for extra work. It is probably even rarer to hear them request to retake an exam that they have already […]

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