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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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Wembley judgment imminent

Mr Justice Jackson will this morning (5 June) hand down his judgment in the bitter battle between Multiplex and Cleveland Bridge over the construction of the new Wembley Stadium. Jackson J will deliver his decision orally over two days rather than handing down a draft in advance, ratcheting up the tension for advisers Clifford Chance […]

Fladgates plans Premiership

The sports group at Fladgate Fielder has vowed to crack Premiership club clients after scooping a lead role on Crystal Palace FC’s claim against ex-manager Iain Dowie. Sports head Mark Buckley told The Lawyer: “It’s defin-itely an area we’re looking to expand. We have contacts in a lot of places in the Premiership and always […]

A&O’s Middle East expansion brings in Dubai International Group work

Allen & Overy (A&O) has reaped immediate benefits from its renewed corporate focus on the Middle East, closing its first mandate after sending a senior corporate partner to Dubai. Corporate partner Pervez Akhtar has been spending the majority of his time in Dubai since 1 May, with eight corporate associates set to follow him from […]

Bar Council calls for major changes to Legal Services Bill

The Bar Council will call for three major changes to the draft Legal Services Bill today (8 June) as it gives evidence to the joint committee scrutinising the new legislation. The Bar wants the committee to consider the powers of the Legal Services Board (LSB); the arrangements for complaints handling; and the cost of the […]

CC reinforces dedication to global pro bono work

Clifford Chance is to increase its global pro bono efforts after senior partner Stuart Popham told its partners’ conference that he wants the firm to have a greater focus on the external community. The magic circle firm already has an active pro bono programme in its London and New York offices, but there are parts […]

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