Pensions Ombudsman publishes its first determination in relation to pensions liberation

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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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Private client firms Hunters and May May & Merrimans to merge in April

Private client firms Hunters and May May & Merrimans have announced they are merging in April next year, creating a firm with 120 staff. The firms together boast a combined experience of 530 years. Lincoln’s Inn firm Hunters was founded in 1715 and Gray’s Inn-based May May & Merrimans in 1768. The merged firm will […]

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The in-house interview: Competition and Markets Authority GC Sarah Cardell

Taking on big banks and energy giants means the new competition watchdog needs a strong legal team, and GC Sarah Cardell is the one designing it. The newly formed Competition and Markets Authority’s (CMA) general counsel Sarah Cardell has had the privileged role of designing its legal structure from scratch. On taking up the role […]

Sydney
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Withers takes on Aussie private client market with local alliance

Withers has entered the Australian private client market with the launch of a strategic alliance in Melbourne and Sydney, just months after it opened in San Francisco. The Australian alliance, which will offer tax and corporate advice to high-net-worth individuals, is a joint venture between Withers, boutique corporate firm SBL Shmith and tax practice Balazs […]

DLA Piper advises Hahn Group on sale of Erding shopping centre

DLA Piper has advised the Hahn Group, an asset and investment manager with a focus on retail properties, on the sale of the Erding shopping centre to the KGAL Group. KGAL acquired the property for an institutional real estate fund. Erding was opened in 2008 and offers a broad range of services and products over a total […]

Withers targets Aussie high-net-worths

Asia’s reputation as a playground for the super-rich has been growing in recent years, so it’s no wonder that a private client firm such as Withers would want to tap into that. Having previously opened in Singapore to provide tax and trust advice to Southeast Asia’s high-net-worths, the firm has now sealed an Australian alliance […]

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