Lord Irvine:flying too close the sun?

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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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Lloyd's scores victory over US Names in fraud battle

Lloyd’s of London, represented by US firm Fried Frank Harris Shriver & Jacobson, has won two significant victories in its battle with rebel US Names who are determined to sue the London re-insurance market for fraud in the US. The Ninth Circuit Court of Appeals in San Francisco – which previously had been the only […]

Norton Rose's competition head defects to Macfarlanes

Medium-sized City firm Macfarlanes has poached Norton Rose’s respected departmental head John Cook to build up its competition department. Cook, a leader in his field who founded Norton Rose’s competition department nine years ago and built it up to four partners and 12 assistants in London and Brussels, said he had decided to make the […]

Litigation Recent Decisions 9/12/97

Injunctions against dealers in Internet domain names Marks & Spencer v (1) One in a Million (2) Richard Conway (3) Julian Nicholson (4) Global Media Communications (5) Junic; Ladbrokes v same; J Sainsbury v same; Virgin Enterprises v same; British Telecommunications & Telecom Securicor Cellular Radio v same (1997) Court: Ch D (Jonathan Sumption QC) […]

PSC gets back on course for '98

Alan Pannett explains how the Law Society has overhauled the Professional Skills Course which is to take effect next year The Professional Skills Course (PSC) is and has always been disliked. Trainees do not like it because it is imposed on them at a time when they thought they had finished with exams on the […]

Race case 'shame' for faculty

Manchester University’s law faculty will have to pay the highest ever damages for racial discrimination in a case described by an industrial tribunal as “a matter of sadness and shame” for the faculty. On 13 November, Birmingham Industrial Tribunal ordered the faculty to pay £43,560 to lecturer Dr Asif Qureshi after upholding a string of […]

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