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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

Stanley Tee takes on Couderts partner

International law firm Coudert Brothers is losing a partner to Hertfordshire legal practice Stanley Tee & Company. Jeremy Gillham is moving to set up and head a commercial property department at 12-partner Stanley Tee. He says: “This is a new challenge for a 47-year-old because it is a small firm with a big work ethos […]

Groupama Insurances plans legal panel cull

Insurance giant Groupama Insurances is the latest company to cull its number of outside legal advisers. Groupama, which has an annual revenue of about £8bn and is the tenth largest insurer in the UK, says that it is time to rationalise its external law firms. It currently has two panels, but head of claims management […]

DAC common law trio quits for Barlow Lyde

Davies Arnold Cooper is facing another spate of departures – this time from its common law department. Head of common law Malcolm Henke, motor unit head Simon Curtis and the department’s senior team leader David Pipkin are all leaving the firm to join Barlow Lyde & Gilbert. Henke, who is not a qualified lawyer but […]

White & Case nabs partner for Tokyo

White & Case in Tokyo has recruited a partner from Washington DC law firm Arent Fox Kintner Plotkin & Kahn. Hendrik Gordenker specialises in corporate and commercial deals for Japanese companies doing transactions abroad and non-domestic businesses setting up deals in Japan. He also works on energy project development and financing. His clients include Japanese […]

Healthcare giant Setons shakes up legal provision

Healthcare giant Seton Scholl International (SSL) is set to radically shake up its legal provision. Jonathan Jowett, company secretary and legal director, says that in the next 18 months the company will create an international panel as well as boosting its in-house provision. Beauty parades and pitches will be ditched in favour of meeting firms […]

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