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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

It's been a bad week for…

Tony Blair, who was criticised by a High Court judge for misleading parents over the effects of scrapping assisted places in private schools. The Prime Minister, who has staged a prominent television and billboard advertising campaign to promote the teaching profession, failed to impress Mr Justice Kay in the High Court, who described conflicting government […]

Quote of the week

“How would we entertain the head of the American judiciary when he came over?” – One law lord’s disgust at the “absurd” prospect of moving from the House of Lords to that “office block”, Millbank Tower.

…and readies for Deringer merger

FRESHFIELDS is preparing to merge with German firm Deringer Tessin Herrmann & Sedemund before 1 May next year. Few major obstacles stand in the way as the terms of the merger were signed at the time the alliance was set up last May and they already share offices on the Continent. The move will lead […]

The Firm

Minutes of a meeting between Jack Pratchard, senior partner and Tom Henderson, managing partner of The Firm. Pratchard: It is simply intolerable that that big buffoon Sayer has been elected to lead the profession. Did you see that he called David Keating “a pillock” and said he was like “dog shit on his shoe”. Disgraceful. […]

Brewers battle over beer tie

Brewer Ushers of Trowbridge is taking rival the Glamorgan Beer Co to court for allegedly supplying drinks to its pubs. Ushers will seek a court order banning Glamorgan from unlawfully interfering with contracts made with the tenants of its pubs. The company, represented by Milton Keynes-based Kimbell & Co, which recently filed the High Court […]

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