Nigeria: Crowned glory

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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

LK Shields advises OASIS Group on €30m acquisition fund with Goldman Sachs

LK Shields has advised its long-standing client OASIS Group, a records and information management (RIM) firm, on a €30m (£24m) acquisition finance facility with Goldman Sachs. The complex finance transaction, which involved the OASIS Group companies in Ireland, Northern Ireland and England, was completed successfully in a short time frame. According to the firm, the […]

Gateley’s Tim Cooper comments on Teresa Graham’s pre-packaging recommendation

Gateley corporate recovery partner Tim Cooper has commented on a government-published review by Teresa Graham CBE making recommendations for change on how struggling companies should be pre-packaged and sold when entering administration. This review was commissioned by Vince Cable. Cooper, who is also chairman of R3, the Association of Business Recovery Professionals, in Scotland, said that if […]

No5 Chambers QC and barrister provide legal support in planning application call-in

Planning permission was recently granted by the secretary of state following ‘call-in’ on a hybrid planning application of a 465,000ft² retail and leisure scheme in Rushden, Northamptonshire. Ian Dove QC and Hugh Richards from No5 Chambers acted for East Northampton District Council in the matter. The consent comprises full planning permission for the erection of […]

Rosen

Moves 16 June

Move of the week 4 New Square has a new tenant, in the form of former Herbert Smith Freehills advocacy head Murray Rosen QC. Rosen joined legacy Herbert Smith in 2005 from 11 Stone Buildings to launch its advocacy unit, and will join 4 New Square in September. UK London Lester Aldridge has hired partner […]

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