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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

Litigation Writs 11/11/97

Hampshire County Council is being sued for more than £300,000 by two property development companies over its alleged failure to build the planned Southern Distributor road near Fareham within an agreed time. Beazer Homes (Yateley), of Bath, and McLean Homes South West, of Willenhall, West Midlands, are claiming £242,500 from the council, with interest of […]

Recruitment firm collapses

Nottingham-based legal head-hunter Wellman-Smith Central is talking to liquidators with a view to putting itself into voluntary liquidation. The two founders, husband and wife Karl Wellman-Smith and Liz Mitra, will go it alone as a partnership after the restructuring, specialising in executive search services for lawyers. The move comes as the legal recruitment market is […]

In brief: Co-operation Ireland launch UK legal arm

Non-political charity Co-operation Ireland will launch a lawyers group this week to support cross-border projects in Ireland. The charity, headed by Terry Neill, chairman of the Arthur Andersen board, will hold its first reception for lawyers at Collyer-Bristow’s offices on Wednesday. Also sponsoring the event is Allied Irish Bank, The Lawyer and Magrath & Co. […]

IBA Conference – India calls on foreigners to play on level playing field

The Indian Bar Association appears to have removed some obstacles to foreign lawyers setting up in its country – only to raise new ones. During the inaugural ceremony, Lalit Bhasin, honorary secretary-general of the Indian Bar Association, said international lawyers were welcome to come to India “so long as they practise on a level playing […]

Eversheds ponders its global strategy

EVERSHEDS is looking to expand in Europe and the Far East, either by opening its own offices or by linking up with an existing international alliance. Chairman Keith James said the firm would be appointing three senior partners “as soon as we can” to form a committee charged with the task of “implementing its international […]

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