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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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FFW takes Linklaters man

Linklaters construction partner Marshall Levine is leaving the magic circle firm for Field Fisher Waterhouse. Levine headed the construction and engineering group. He was head of the department before it was rolled into Linklaters’ real estate department in January 2003. Patrick Plant, head of Linklaters’ real estate group, said: “Marshall indicated to us more than […]

Firm profile: Clarke Willmott

A lot of law firms talk about understanding their clients’ needs, but Clarke Willmott claims to offer “more understanding”. This is the South West firm’s brand, and it means what it says. “It could sound a bit nebulous,” says managing partner David Sedgwick, “but we’re serious.” What, though, does the brand mean? “Primarily, it’s to […]

Fujitsu and Co-op face retrial

The House of Lords has rejected Fujitsu’s pleas to hear its infamous case against the Co-op, which is now set for a complete retrial. The case, centred on a dispute over an IT contract, which has been running for two years, has cost almost £5m in legal fees and has tarnished the reputations of lawyers, […]

Richards Butler sails off with Hill Taylor man

Hill Taylor Dickinson’s maritime insurance department has been hit with the loss of another key partner, Chris Zavos, who is joining Richards Butler. It follows the exits of insurance partners Tim Taylor and Patrick Foss from Hill Taylor a year ago to Barlow Lyde & Gilbert’s small but burgeoning shipping department. Hill Taylor retains several […]

Beachcroft Wansbroughs in triple partner hire

Beachcroft Wansbroughs has recruited three new partners for its property, employment and corporate finance teams in London, Bristol and Manchester. Monica Blake joins the London commercial property team from Mishcon de Reya, Frank Morton has quit Osborne Clarke for Beachcrofts’ employment team in Bristol, and Leila Porter has been plucked from Eversheds. Blake brings property […]

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