UK: 14th onshore licensing round

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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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It’s a Landmark result for the bar

Brick Court Chambers has been busy re-jigging its clerking team, but according to our research there are plenty more underlying changes rumbling away at the bar. In next week’s issue, The Lawyer will be looking into its crystal ball – discussing future trends at the bar and the weighty challenges to be faced by London’s […]

Layton’s first hundred days

Within just a few months of taking the helm at Clifford Chance, managing partner Matthew Layton is making his presence felt. His radical slim-down of the management layer will be watched closely by other magic circle firms. Clifford Chance scraps leadership elections in radical partnership overhaul Clifford Chance to vote on slashing management committee from […]

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Revenue hits five-year high at Kennedys up to £128.5m

Revenues have hit a five-year high at Kennedys climbing up 10 per cent at the latest year end from £117m to £128.5m. The firm has defied the effects of the 2008 economic collapse pushing up turnover by 45.7 per cent since 2009/10 when it stood at £88.2m. Net profit has increase by £5.3m over the […]

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Cuatrecasas sees change at the top as succession plan completes

Cuatrecasas Gonçalves Pereira name partner Emilio Cuatrecasas has stepped down as president of the firm, to be replaced by CEO Rafael Fontana. The move is the final step in the firm’s succession plan, initiated in July 2012 when Fontana took over as CEO and assumed the executive powers formerly held by Cuatrecasas (14 September 2012). […]

DLA Piper acts pro bono for arts charity Community Focus

DLA Piper has acted for arts charity Community Focus on a pro-bono basis, providing advice that has helped secure the long-term future for the charity. Community Focus is an inclusive multi-arts centre based in Barnet. The charity works to encourage members of the community to participate in the arts, to gain confidence and to challenge […]

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