Pilot could flop, warns LAPG

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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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Clifford Chance takes on world

Clifford Chance is aiming to take on and beat US firms in their own market within 10 years, according to the practice’s new internally-circulated mission statement. In its first such statement since it was formed by merger a decade ago, Clifford Chance’s management board effectively states that it wants to provide a full US corporate/commercial […]

In brief: Walker-Arnott re-elected at Herbert Smith

Edward Walker-Arnott has been re-elected senior partner of Herbert Smith in an uncontested election. First appointed senior partner in May 1992, he will remain in the post until April 2000. “It is a great honour to be able to lead Herbert Smith into the new millennium,” he said. “We are excellently placed to take advantage […]

We are pro pro bono

Write to: The Editor, The Lawyer, 50 Poland Street, London W1V 4AX, Fax 0171-734 0534 I see that the beatings about pro bono work are going to continue until morale improves (The Lawyer, 21 July). Contrary to your frequent editorials, can I point out that the Law Society is totally supportive of moves to encourage […]

A case for reform

Public defenders could save money and improve the system, argues Mike Dailly. Mike Dailly is a solicitor and editor of SCOLAG, the Scottish Legal Action Group journal. Expenditure on criminal legal aid per capita in the UK is among the highest in the world. How long can this continue? The Scottish Legal Aid Board (SLAB) […]

Tax case reporting takes to the Net

Elizabeth Davidson reports THE SPECIALIST tax set Gray’s Inn Chambers has launched a case reporting service on the internet. The Tax Case Reporting Service, launched by the chambers on 15 July, will make the results of some tax cases available within half an hour of a decision being reached. Initially it will only include details […]

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