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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

Penningtons and Walker Martineau to merge

The new firm, which will come into being on 1 May, will keep the Penningtons name and Walker Martineau lawyers will be absorbed into the four existing offices in London and the south east. Penningtons’ managing partner Lesley Lintott will remain at the helm, with Richard Underwood, Walker Martineau’s managing partner, returning to full time […]

Digests

Linklaters has made up 28 new partners, including 12 in overseas offices. The corporate department gained 10 new partners and the firm says it will grow because of expansion in European M&A work. Stephenson Harwood has lost reinsurance partner James Crabtree who is leaving next month for Birmingham firm Pinsent Curtis. Meanwhile shipping partner Graham […]

What of our reputations?

Recent events within the solicitors’ profession, such as the disputes over Ms Kamlesh Bahl and the president’s bid to change the Law Society’s constitution without first having a full-scale review, have concerned us greatly. To the general public these developments portray solicitors as misleading, factious, irresponsible and unfit to regulate their own affairs. Difficult and […]

Quote of the week

“You don’t get many blow jobs in pension law” – Libel lawyer David “SooperHooper” Hooper, referring to the Gillian Taylforth case.

Stuck in the middle

Most trainees live in an almost permanent state of terror, but at this time of year life can be particularly harrowing. Many have just started their final seat and have less than six months until qualification. After years of training and study, trainees across the land will soon find out whether they have a job […]

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