Spain reforms its tax 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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Skadden scoops Darrois Villey co-managing partner for Paris corporate boost

Skadden Arps Slate Meagher & Flom has announced the hire of corporate heavyweight Olivier Diaz from French firm Darrois Villey Maillot Brochier. Diaz, who was co-managing partner of Darrois Villey alongside Didier Théophile, will join Skadden “in the very near future”. The hire is a rare lateral for Skadden’s Paris office. For Darrois Villey, Diaz is […]

DLA Piper acts for Sinopharm Group on issuance of HK$5.5bn of new shares

DLA Piper has acted for Sinopharm Group, China’s largest pharmaceutical company, on the issuance of HK$5.5bn (£453m) of new shares. This is the third H-share placement for Sinopharm since its HK$8bn IPO in 2009. The placing closed on 1 December and saw 198,801,600 shares sold to six to 10 non-retail investors at HK$28.40 per share. Sinopharm […]

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Addleshaw Goddard sets out its ‘fresh perspective’

Addleshaw Goddard has set out its aspirations to re-establish a top 20 position in the UK200 and to be known as a premium player in its chosen markets as part of a new strategy rolled out firmwide today (11 December). Managing partner John Joyce delivered his vision for the firm to partners at a conference […]

Eversheds comments on impact of Black Friday on November retail sales figures

James Batham, head of retail sector at Eversheds, has commented on the impact of Black Friday on November retail sales. He said that the figures are encouraging but must continue into December. Batham said: ‘Retailers hoping to end 2014 on a high needed to hit the ground running for the all-important Christmas trading period; and […]

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