Lovells smashes lockstep

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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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Outrage at plans to scrap Iraq bar board

IRAQI lawyers are furious at moves by the country’s Minister of Justice to disband the board of the country’s Bar Association. Justice minister Abdel Hussein Shandal has called for the Iraqi Bar Association’s board to be dissolved and has appointed three judges and two lawyers to oversee the organisation. New Iraq Law Firm managing partner […]

Boutiques merge to create Munich media specialists

Munich media boutiques Poll Ventroni and Straßer Feyock are set to merge, according to the German legal publication JUVE. The new firm, which will be known as Poll Straßer Ventroni Feyock, will have ten lawyers including name partners Günter Poll, Robert Straßer, Stefan Ventroni and Martin Feyock and five associates. Joining them will be film […]

Nauta’s PEP boosted by partner drop

Nauta Dutilh has revealed a profits rise of 10 per cent for 2005 although revenues at the Dutch giant remained static. Average profit per equity partner (PEP) rose to EUR440,000 (£302,000) from EUR403,000 (£276,000) last year. Total revenues stood at EUR145m (£99m), the same as in 2004. The improved PEP is partly due to a […]

T-Mobile imposes legal budget cuts

Telecoms giant T-Mobile has halved its legal spend and cut the number of law firms it uses in a company-wide bid to slash costs. During the past six months, the company has reduced its external counsel from 15 to six, driven down fees and secured discounted rates as part of a legal budget overhaul. The […]

Offshore cracks open the door

The offshore world is one consolidated market. For the first time, The Lawyer reveals the top 20 offshore firms in the world. By Gemma Westacott

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