Penningtons bullish despite family loss

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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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Private practice lawyers miss out on top jobs in CPS shake-up

None of the crucial roles in the shake-up of the Crown Prosecution Service have gone to lawyers in private practice, The Lawyer can reveal.Just two candidates from outside the CPS have been handed jobs as chief crown prosecutors in the 42 new prosecuting areas.But one has come from the civil service where he is legal […]

Game, set and match

According to at least one Labour MP, politicians view lawyers in the same way many people view politicians: at best they don’t trust them, at worst they think they are over-paid, elitist and arrogant.It is an uncomfortable fact that, as the battle over the Access to Justice Bill enters the House of Commons, many MPs […]

In brief: Freshfields

Freshfields is to take on six new assistants in its Paris office. The appointments will be in the corporate finance and finance department and are designed, says finance partner Jean-Luc Michaud, to redress the uneven ratio of assistants to partners.

Magistrate reported to Lord Irvine

A LIVERPOOL solicitor is reporting a stipendiary magistrate to the Lord Chancellor in a furious row over a drugs case.Robert Broudie of RM Broudie & Co says an attack made on him by magistrate John Finestein was “totally improper and inappropriate”.Finestein criticised Broudie in October for wasting legal aid by instructing a barrister to try […]

BAe legal chief leaves to head up IT company

BRITISH Aerospace legal director Stuart Caroll is to step down this week after three years with the company.He will be taking on a new role as legal director of the Morse Group, a software company based in Brentford, west London.Deputy legal director Terence Black says Caroll “chose to go”.He continues: “We are bitterly disappointed at […]

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