Morgan Stanley appoints new chief legal officer

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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 […]

Recommended

Couderts to help Korea re-organise

Coudert Brothers is leading a consortium advising the Republic of Korea on reform of its corporate governance. The team is led by Couderts partner Barry Metzger, who has joined the firm from the Asian Development Bank where he was general counsel. Metzger says Korea’s inadequate corporate governance practices are partly to blame for the economic […]

Quote of the week

“Their application to the court looks like a script for Who Wants to be a Millionaire.” – Elan Steiberg of the World Jewish Congress on the news that some lawyers were charging up to £437 an hour for work on the class-action suit brought by victims of the Holocaust against Swiss Banks. One lawyer reportedly […]

Case of the week

The sword of truth finally fell on Jonathan Aitken this week when the old-Etonian left for an 18-month holiday at the public’s expense. Clutching his shield of English fair play the former minister was led down after being sentenced for perjury and perverting the course of justice after his libel case against The Guardian and […]

No mud slung from this end

Your headline last week “Law Society rivals sling mud…” (The Lawyer, 7 June) is grossly in error on one very important point. Bob Sayer sadly did sling mud, but I did not, and have no intention of doing so. That is a critical difference between us. At least those who do not know him are […]

Bank challenged on property-based loan

Roger Pearson reports on a bid for the Lords to reject a bank’s claim to a charge placed on a property as security for a loan. A major challenge over the rights of banks and other lending institutions to claw back money by activating legal charges placed on property as security on a loan is […]

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