Lovells scoops top Government litigation pilot

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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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Eversheds guides Carlisle PFI project to financial close

Eversheds has advised its long-standing client Balfour Beatty on the £176m Carlisle Northern Development Route (CNDR) PFI project. Rebecca Carter The deal has reached financial close after months of financial and environmental challenges. The project company Connect CNDR has signed a 30-year contract with Cumbria County Council to design and construct five miles of road […]

Brabners wins employment role for BCC

North West firm Brabners Chaffe Street has won a role ­advising the British Chambers of Commerce (BCC) on ­employment matters. The mandate comes on the back of the firm’s relationships with other business networks, including The Employment Agents Movement and the Recruitment and Employment Confederation. The BCC instruction will be led by employment partners Paul […]

Beachcroft hire paves way for health practice

Beachcroft is to install a healthcare consultancy unit after appointing the former chair of the Healthcare Commission Sir Ian Kennedy as a consultant. Senior partner Simon Hodson said the move would give clients “speedier access to policymakers ­within the health service”. As chair of the Healthcare Commission until its closure in March, Kennedy was responsible […]

Olswang snares ex CC finance director

Olswang is looking to improve its financial ­management after hiring Clifford Chance’s former US finance director Frans Post as chief financial officer. Olswang managing ­partner David Stewart said the move was an attempt to make Olswang’s lawyers more financially literate. “We’re keen to focus on better financial management and Frans’ hire is part of that push,” […]

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Raleys appeals SDT decisions on miners case

North-east firm Raleys Solicitors is appealing two Solicitors Disciplinary Tribunal (SDT) decisions relating to the firm’s role in handling compensation claims from sick coalminers. Carol Gill In February the firm’s then senior partner Derek Firth was banned from practising law for four years while equity partner David Barber was suspended for two years and partner […]

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