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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

Government to force MDPs on Law Society

The Government will impose multi-disciplinary partnerships (MDPs) on the legal profession if the Law Society refuses to allow them. A senior government source has told The Lawyer that it is preparing to follow up a threat made in opposition three years ago to refer the legal profession to the Monopolies and Mergers Commission if the […]

High Street 'not running scared'

I am sick and tired of reading how concerned high street practitioners must be at the reputed continuing success of organisations such as Hambro Countrywide. My firm has just had its most successful year, our IT is as good as that of many large City firms, our partners (not teams of telephonists), are available 24 […]

US lawyer quits Linklaters after a month

A senior US associate has left Linklaters after less than a month to rejoin the London office of her former firm Simpson Thacher & Bartlett. Asset management specialist Cynthia Cobden is believed to have been enticed back by the offer of partnership status. Brinsley Nicholson, acting managing partner at Linklaters, said: “People do leave firms […]

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North East can weather the storm

Every economic forecast reaches the same painful conclusion. There is an economic “slowdown”. The UK might even be heading for recession. So what. The North East has been in recession for so long it has become a way of life. The region consists of a handful of conurbations bounded on three sides by the Scottish […]

In brief: Kohler urges eastern/central European reform

European Bank for Reconstruction and Development (EBRD) president Horst Kohler has urged central and eastern Europe to speed up legal reform and demonstrate commitment to the rule of law, in the EBRD’s journal, Law in Transition.

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