Microsoft plays hardball

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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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High Court reveals identity of stalker barrister

Common law set 12 King’s Bench Walk barrister Lincoln Crawford has been named as the recorder convicted of harassing his ex-wife and new partner. Common law set 12 King’s Bench Walk (12KBW) barrister Lincoln Crawford has been named as the recorder convicted of harassing his ex-wife and new partner. Crawford’s identity had been kept secret […]

Sidley ramps up funds group with Covington hire

Sidley Austin has snared a Covington & Burling London tax partner to boost the firm’s fund formation practice in the capital. David Hinds, who joins the firm as a partner, has been brought in to help build a funds formation group in Sidley’s London office. He will also advise on tax issues on corporate transactions. […]

Sallie Mae GC resigns

The general counsel of US student loan company Sallie Mae has resigned just three days after settling a suit against JC Flowers after the private equity house abandoned its $25.3bn bid for the company. Robert Lavet, general counsel of Sallie Mae for 16 years, stepped down from his role on 31 January with deputy general […]

Separated at birth

David Hasselhoff has never been one to shy away from the glare of the public eye, be it donning leathers on top of the Berlin wall, rescuing scantily clad beach bunnies or flexing his digitally enhanced pecs in The SpongeBob SquarePants Movie. David Hasselhoff has never been one to shy away from the glare of […]

Court of Appeal ruling for Clarke Willmott may boost use of CFAs

Clarke Willmott has won a significant Court of Appeal ruling that could see the increased use of conditional fee arrangements (CFAs) in commercial litigation. The appeal in the case of Gloucestershire County Council v Evans & Ors found that different success fee uplifts should not be applied in a discounted CFA, as opposed to operating […]

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