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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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Look before you leap

Investors in BVI-held companies need to be aware of what can happen when things go wrong and think seriously before doing business offshore. The British Virgin Islands (BVI) has an estimated population of 24,000, yet has incorporated between ;700,000 ;and 800,000 private companies. This is the offshore incorporation centre. It all started in 1984 with […]

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Indian Bar Council lifts web ad restrictions

The Bar Council of India has lifted restrictions on law firm websites, allowing Indian lawyers to launch their own websites giving basic information about themselves to prospective clients. The decision comes after local lawyer VB Joshi filed a petition in 2000 challenging the Bar Council’s Rule 36, which bans lawyers in India from any type […]

Moves roundup: 28 July 2008

Professional negligence barrister David Yates has moved to Pump Court Tax Chambers. He leaves Four New Square. • Professional negligence barrister David Yates has moved to Pump Court Tax Chambers. He leaves Four New Square. • Damien Ranford has joined Eversheds’ real estate group as marketing executive. He joins from Reynolds Porter Chamberlain. • Godloves […]

Eversheds lures Addleshaws partner

Eversheds has hired Addleshaw Goddard partner Andrew MacCulsh to head the firm’s construction team in Nottingham. MacCulsh, who joined Addleshaws from Hammonds in 2005, said he plans to grow Eversheds’ construction team as well as strengthen his own practice. “The major growth and success of the team over the last 12 months and the calibre […]

Thomas Eggar grows Southampton office

South East firm Thomas Eggar is moving six partners and 11 fee-earners to its new Southampton office from early ­September in a drive to focus on business development in the city. The group will practise in areas including commercial, ­dispute ­resolution and real estate. The lawyers will be ­accompanied by 13 ­support staff. Managing partner […]

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