European Commission proposes reforms to merger control regime

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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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DLA Piper advises Rolta India on second high-yield bond offering

DLA Piper has advised long-term client Rolta India on a high-yield bond offering. The company raised $300m (£178m) in the international capital markets, issuing 8.875 per cent senior notes through its wholly owned subsidiary, Rolta Americas. The offering was oversubscribed by more than eight times with an order book of more than $2.4bn and demand […]

Slaughter and May eyes Asia growth

Never one to follow the crowd, elite UK firm Slaughter and May is bucking yet another trend by investing in its Asia practice. As we revealed in this year’s The Lawyer Asia-Pacific 150, international firms have been reassessing their positions in the region, holding back on expansion while local independents have been going for growth. […]

Karanovic & Nikolic organises business briefing on Serbian Labour Law changes

More than 100 representatives from companies in Serbia attended a business briefing organised Karanovic & Nikolic on 1 August. The briefing discussed recent amendments to the Serbian Labour Law. Karanovic & Nikolic’s employment senior lawyers Mirko Kovac and Jelena Danilovic highlighted and explained the changes that will have the greatest implications for companies, as well as the […]

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Stewarts Law settles legal battle but fate of lawyer duo hangs in the balance

Investment banker Geoffrey Logue has settled his legal battle against Stewarts Law, in a case that resulted in two of its solicitors being struck off following a private prosecution last year. Partner Andrew Shaw and associate Craig Turnbull are both waiting to hear whether they have to appear before the Solicitors Disciplinary Tribunal (SDT) for a […]

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