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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

Crowell & Moring pushes for London growth with Jones Day hire

US firm Crowell & Moring has strengthened its London arbitration and litigation group through the recruitment of a former Jones Day lawyer. Jane Wessel, an international arbitration and commercial litigation specialist, is joining the firm as counsel from Jones Day. The hire fits in with the firm’s European strategy to grow its offices in London […]

Advisers clamour for WorldCom’s $150m

The bunfight for fees on the WorldCom restructuring has begun, with lawyers battling over their share of an estimated $150m (£89.6m) in costs. The telecoms group, which has since rebranded as MCI, this month saw its reorganisation plan approved by a New York judge after 15 months of fraught negotiations. As counsel to the official creditors […]

Young ousts Walker from Lovells senior partner post

Lovells is set to usher in a new era of management after partners elected “wild-card” candidate John Young to replace long-time senior partner Andrew Walker. Young, Lovells’ head of corporate insurance, emerged as the surprise winner on Saturday (15 November) after beating Walker and joint head of corporate Hugh Nineham. Litigator Walker has held the […]

Drama as Grabiner speaks out at football shirt price-fixing appeal

Leading silk accuses Competition Appeals Tribunal of becoming a ‘legal jamboree’; Monckton Chambers junior slapped down The appeal against the Office of Fair Trading’s (OFT) ruling in the football shirts price-fixing inquiry kicked off at the end of last month, with fireworks from JJB Sports’ barrister Lord Grabiner QC and a slap in the face […]

Land craft

The 2002 Land Registry Act is vastly different from its 1925 progenitor. Katharine Fenn outlines the distinctions and how best to approach them Monday 13 October 2003 saw the biggest shake-up in English and Welsh land law since 1925. That was the day when the Land Registration Act 2002 (the act) came into force. So […]

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