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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

Wragge to keep bra sizes secret

Wragge & Co is to advise the UK National Sizing Survey on how to comply with the Data Protection Act 1998 when collecting personal information. Cinzia Biondi, a data protection specialist with the Midlands-based firm, will help the project preserve the privacy of the 15,000 people taking part in the survey. Most of the leading […]

Monkey business

Tulkinghorn was delighted to receive further correspondence from Cumberland Ellis Peirs partner Tom Barth. Readers will remember his tales of lawyers turning up drunk for interviews and of the client who croaked it while on the phone before Barth could tell him his fees. Tulkinghorn reported this believing that nothing could happen between then (16 […]

Legal widow

Wednesday morning was spent down at the doctors, for our youngest child had thoughtfully inserted a paper clip up her nose. When asked why she had done it, she answered: “To see how far it would go.” A reply which, I fear, dooms us to a lifetime of waiting for the police to knock at […]

Our money or your life

The BSE inquiry had more than its fair of share of desperately sad moments in its 700 hours of hearings. But perhaps none quite so tragic as the testimony of the father of Clare Tomkins, who was then dying from the human form of mad cow disease (CJD), in describing the 18 months of hell […]

Follow that car

The wait is nearly over for sufferers from asbestos-related illnesses and they should start receiving compensation this month [May]. But the tragedy serves to illustrate the point that there is a need for a formal employers’ insurers’ liability bureau – along the lines of the Motor Insurers’ Bureau (MIB) – to act as an insurer […]

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