We predict a riot — consequential losses can be recovered from the police

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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 […]

Recommended

No5 Chambers’ S Chelvan is named Legal Aid Barrister of the Year 2014

S Chelvan from No5 Chambers has been announced as the winner of the Legal Aid Barrister of the Year at the Legal Aid Lawyer of the Year Awards 2014, organised by the Legal Aid Practitioners Group. According to the testimonial, Chelvan is known as a lawyer, academic and activist, who has been instrumental in winning […]

whitehall

Capita cashes in as Treasury Solicitor spends £2.3m on interim lawyers during overhaul

The Treasury Solicitor’s department (TSol) spent £2.3m on outsourcing provider Capita between January and March 2014, figures disclosed to The Lawyer reveal. The Government’s in-house legal arm, which handles around 36,400 disputes a year, spent £872,000 on temporary legal staff with Capita Resourcing in January, a figure that dropped to £858,000 in February and £596,000 […]

Leeds United

Former Islamic bank GC arrested in Dubai over Leeds United sale allegations

The former general counsel of Islamic bank Gulf Finance House (GFH) Capital David Haigh has been arrested in Dubai, reportedly in relation to alleged financial irregularities surrounding GFH’s ownership and sale of Leeds United Football Club.  Haigh, who was once managing director of Leeds United, was arrested three days ago. He is understood to have […]

Jake Keaveny set to join Allen & Overy’s high-yield practice as partner

Allen & Overy has announced that Jake Keaveny will join its high-yield practice as a partner in the London office. Keaveny joins from Cahill Gordon & Reindel in New York where he has spent his legal career to date, focusing on market-leading US bank and bond deals. His practice is capital markets and corporate finance, […]

No5’s Earl Pinnock defends cancer conman

Barrister Earl Pinnock from No5 Chambers recently defended Simon Williams, who has been sentenced to six months in prison after admitting fraudulently obtaining cash. Williams, 29, from Wolstanton, Staffs, told his family and friends that he had terminal cancer, and his mother, who believed he had only six months to live, set up a charity […]

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