One Essex Court and 2 Paper Buildings merge

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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 […]

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Kingston Upon Thames

Property company Tichman Speyer Properties has done it all in the US and is now making its mark on one of London’s most famous sites with its latest acquisition- right next door to the Tower of London. Julia Cahill reports

Kamlesh

Kamlesh Bahl, former vice-president of the Law Society, told a tribunal last week that a disciplinary hearing in which she faced allegations of bullying was “uncivilised, barbaric and undignified”. The disciplinary hearing took place in December 1999, before the 75-member Law Society council. Bahl is accusing the Law Society of sexual and racial discrimination, victimisation […]

Freshfields rocked by US bank snub By Sean Farrell

Citibank has punished Freshfields because the firm is acting in litigation against the bank over the collapse of a company in Singapore. Citibank’s work is said to be worth about £10m a year in fees to the firm. Freshfields is representing Prince Jefri Bolkiah and the Brunei Investment Authority against Citibank in a complex dispute […]

Channel Islands stay level headed

One often hears that “the market knows best”. It would appear this applies as much to political initiatives – such as the current Organisation for Economic Cooperation and Development (OECD) proposals to eliminate so-called “harmful tax competition” – as it does to purely economic questions. Since the OECD announcement, there has been continuing, and even […]

Baker & McKenzie Madrid Raids KPMG

De Otaola, who is also a Certified Public Accountant, has over 15 years of tax experience and specialises in acquisitions and company reorganisation. Cristina Bustillo, managing partner of Baker & McKenzie’s Madrid office says: “Isabel comes to us with strong credentials and extensive experience and will add significant value to the services we already offer […]

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