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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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Final word on banking conduct remains with FCA and PRA, says Eversheds

Eversheds partner Andrew Henderson has said that the final word on banking conducts remains with the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), despite the launch of the UK Banking Standards Council. Henderson said: ‘The contents of the Banking Standards Review are not unexpected and its aims laudable. The extent to which […]

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Clydes to face whistle-blowing claim after Supreme Court holds LLP members are protected

The Supreme Court has ruled that LLP members are protected by whistle-blowing legislation paving the way for the first whistle-blowing case against a law firm. Former Clyde & Co partner Krista Bates van Winkelhof alleged that she was ejected from the firm after blowing the whistle on alleged bribery and corruption by Kibuta Ongwamuhana, the […]

Eversheds Saladžius set to provide pro bono legal services to IWAV

Eversheds Saladžius has become a legal partner of the International Women’s Association of Vilnius (IWAV). IWAV is a charitable organisation and support group that unites international and local women living in Lithuania. This month, IWAV members will celebrate their 16th anniversary since the foundation of the association. Eversheds Saladžius is to provide pro bono legal […]

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Eversheds hires White & Case HR chief Slape

Eversheds has hired Moira Slape as its new HR director who joins the firm after four years with White & Case. At her former firm, Slape held the post of director of HR for Europe, the Middle East and Africa, where she was responsible for 2,000 people and 250 partners.  Prior to joining White & […]

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