LAG warning on back door legal aid cuts

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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

SFLA in accreditation battle with Law Soc

The Solicitors Family Law Association (SFLA) is to launch a “specialist” accreditation scheme for family lawyers – in direct competition with the Law Society’s scheme. The SFLA told its members this month that the scheme would finally go ahead early next year, after four years of planning. The launch is likely to coincide with the […]

How to counter MDPs

At a session, “Dealing with MDPs”, Robert Vineberg of Canadian law firm Goodman Phillips & Vineberg and Gordon Jones, a Canadian sole practitioner with a global tax practice, urged firms to “go on the offensive” when an accountancy firm moved into their local legal market. The two said firms should poach the MDPs’ unhappy lawyers […]

Dublin man fights extradition

The House of Lords has granted leave for Dublin man John Joseph Gilligan to challenge High Court refusal of his appeal against an extradition order. Magistrates had ordered that he should be handed over to the Dublin authorities in connection with the murder of journalist Veronica Guerin. Gilligan was arrested at Heathrow on drugs charges […]

'Chinese walls' ruling could help MDPs

A High Court ruling that “Chinese walls” are not enough to protect client confidentiality could “assist” the move towards multidisciplinary partnerships (MDPs) between law firms and accountants, according to the Law Society. Mr Justice Pumfrey made the ruling last week while granting Prince Jefri Bolkiah of Brunei an injunction stopping his former accountants KPMG from […]

Property

David Wright of Nabarro Nathanson advised Swedish property company LE Lundbergforetagen on its £22m sale of Crown House, 51 Aldwych, London to a private German investor, advised by Geoffrey Bailey of Linklaters.

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