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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

UN backs international court

KOFI Annan, the United Nations secretary general, has used the International Bar Association’s (IBA) 50th anniversary celebrations as a platform to pledge his personal support for the creation of an international criminal court. Delivering the keynote speech at the celebrations in New York last week, Annan said he was confident a diplomatic conference in Italy […]

Irvine: power, but no time to use it?

THE LORD Chancellor Lord Irvine of Lairg’s appointment to seven of Labour’s 19 cabinet committees is proof of just how key a figure he is in the new Labour administration. The interdepartmental cabinet committees are regarded by constitutional experts as the powerhouse of government – as opposed to the Cabinet which, many argue, merely rubber-stamps […]

Partners quit Dundas & Wilson

Dundas & Wilson – the leading Edinburgh firm currently in talks with Arthur Andersen – has lost three partners to rival firms and is considering hiving off its seven-partner private client practice. The 50-partner commercial firm revealed it was talking to Andersens last month, but insists there will be no announcement for four to six […]

Ruling fails to set address precedent

One of the first judgments to tackle a dispute over the registering of Internet domain names has failed to set a precedent, according to a lawyer involved in the case. In the High Court last month, the Vice-Chancellor Sir Richard Scott refused to grant an injunction to prevent Pitman Publishing using the name “pitman.co.uk”. A […]

Appointment casts doubt on clerks' role

A LEADING family set of chambers, One Garden Court, is to appoint a new chambers chief executive, making it the latest of a growing number of sets to overhaul its administrative structures. Last week’s announcement has thrown into question the future role of the set’s experienced and highly-regarded senior clerk, Peter Hoskins. It will also […]

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