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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

Walker Morris seals £530m paints deal

LEEDS-based Walker Morris carried off the biggest deal handled by a law firm outside the City when it advised paints group Kalon in the £530 million purchase of Euridep. The transaction is the biggest of four in which Walker Morris guided several Yorkshire companies which bought and sold businesses worth nearly £570 million. Managing partner […]

Appeal Court paves way for royalties row

Roger Pearson looks at a Court of Appeal ruling that gives the all clear for a music video royalties challenge New court moves are expected after a group of major record companies failed to re-instate a temporary block on High Court action in which they are accused of operating an illegal price-fixing cartel for music […]

Firm ups its stakes in venture capital

MANCHESTER firm Addleshaw Sons & Latham has set up a pioneering unit to strengthen its expertise in the venture capital market. The section, headed by new partner Darryl Cooke, is one of only a handful of specialist venture capital units in the country. It will concentrate on advising both capital companies and their clients during […]

Practices shop around for systems

Helen Sage reports An increasing number of legal practices are looking to a number of specialist suppliers to meet their computer requirements. A survey among 80 law firms by chartered accountants James & Cowper and LawNet found there has been a move towards practices installing single or departmental PC solutions. “Many of these are very […]

Practice director strikes deal with Fountain Court

John Malpas reports THE FORMER practice director of the largest UK set has agreed an out of court settlement after a dispute which he says typifies the tensions between barristers and managers. Details of the settlement between David Symonds and 5 Fountain Court are not being revealed but Symonds says he is happy with the […]

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