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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

Josephine Hayes reviews the role of the ombudsman.

Josephine Hayes is a barrister at 3 New Square. The Court of Appeal has ruled that the Pensions Ombudsman can appeal against an order of the High Court which overturns his determination on a point of law under s.151 Pension Schemes Act 1993 (CA Miller v Stapleton 30/7/96). The current practice in s.151 appeals, derived […]

Saboteur's claim dropped

In April this year The Lawyer’s forthcoming case section highlighted a county court case in which 59-year-old leading huntsman Brian Fanshawe, retired master and huntsman of Leicestershire’s Cottesmore Hunt, was being sued for compensation by hunt saboteur Martin Casbon, who claimed he was deliberately trampled by Fanshawe’s horse. Solicitor Mike McNally, of Tunbridge Wells firm […]

Splitting the Law Society. Regulator or union – the choice is yours

Solicitors in England and Wales will shortly be balloted on the possibility of splitting the Law Society’s twin roles of representing and regulating the profession. What would be the likely outcome in parliamentary terms if the majority recommended such a split? It is hard to find anyone who is entirely happy with the current complaints […]

Canada looks to overhaul justice

Lawyers in Canada must become more attuned to clients and more focused on early settlement of disputes, according to a Canadian Bar Association inquiry which calls for sweeping reforms of the country’s justice system. A 100-page report on the reform of Canada’s civil justice system, compiled by the CBA’s Task Force on Systems of Civil […]

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