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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

County court orders Olswang partner to pay journalist's bill

OLSWANG libel specialist Geraldine Proudler was ordered by a county court to pay a bill for £2,751 to a journalist who had issued a summons seeking payment for work commissioned by the partner. According to Sylvia Jones, former chief crime correspondent of the Daily Mirror, Proudler had commissioned her to carry out research for The […]

In brief: Enter the Chase Corporate Challenge

There is still time for lawyers to enter teams for the 1997 Chase Corporate Challenge, which takes place on 23 June. The charity mini-marathon is sponsored by The Lawyer. Among the firms taking part are S J Berwin, Stephenson Harwood and Freshfields. So far no chambers have entered. For details ring: 0171 282 8037.

Call that democracy?

One need look no further than the saga of the minimum salary rule for evidence of how out of touch Chancery Lane is with the profession. With the intention of listening, the Law Society invited the profession to express its views on the issue. It was well known that the number of responses received was […]

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Bar urged to change its non-practising barrister tag

The Bar Council is being called on to scrap the label “non-practising barrister” and to replace it with the term “barrister without rights of audience”. The proposal is a key aim of the newly-formed Non-Practising Bar Association. Currently, only barristers who are exercising their rights of audience as independent practitioners are allowed to describe themselves […]

Treatment for negligence

There has been a steady rise in the number and value of negligence awards against the medical profession recently. Although not yet reaching the heights of certain libel actions, they are becoming inflated and inconsistent – a situation that could damage healthcare, burden the taxpayer, give false hopes to plaintiffs and snowball as lawyers take […]

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