Royal charter appeal dismissed

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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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Bond Dickinson, DWF added to new Suffolk Life panel Scotland and Northern Ireland

British pensions administrator Suffolk Life has appointed Bond Dickinson, DWF, Curle Stewart, Tughans and Wilson Nesbitt for Scotland and Northern Ireland with immediate effect. Suffolk Life expanded its panel to enhance buying and selling commercial property within their self-invested personal pensions (SIPPs) in Scotland and Northern Ireland, having received positive feedback after the launch of […]

Here comes the sun at Clifford Chance

As London basks in Friday sunshine, the junior ranks of the magic circle are feeling even happier than the rest of the city’s workforce as the pay rises just keep on coming. Clifford Chance is the latest firm to boost its trainee and junior associate wages, with its generous approach reflecting the mood at its […]

Allen & Overy Amsterdam to hold breakfast meetings for financial regulatory experts

Allen & Overy Amsterdam has introduced a series of breakfast meetings called ‘Early Birds’, which has been organised by the firm’s Amsterdam financial regulatory team and is targeted at financial regulatory and compliance experts. In these meetings, new legislation will be discussed, with a focus on its interpretation and the consequences for clients’ organisations and possible solutions. In […]

New Street
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Deloitte prepares to take on the UK legal market

Deloitte is to become the last of the Big Four audit firms to enter the UK legal market after appointing a new chief of Deloitte Legal to draw up an action plan. Amsterdam-based Piet Hein Meeter, who took over as global managing director of Deloitte Legal on 1 June, is looking to grow the network […]

training

Accutrainee: Revolution postponed

At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really. Among the 550 or so trainees who qualified as solicitors this spring, Flora Hussey and Simon Latham were quite unusual. The duo became the first people to qualify via Accutrainee. […]

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