Property partners fly Holmans nest

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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

City firm dropped as legal adviser

CITY law firm Simmons & Simmons has been dropped as principal legal adviser to Hull-based Cattle’s (Holdings). The financial services group has replaced the top 10 firm with Leeds commercial practice Walker Morris. Patrick Doherty, head of the company’s legal department, declines to comment on the appointment but it is understood that cost and accessibility […]

O'Meara heads for City

ICI’s retiring Barry O’Meara is to act as a consultant to City firm Rowe & Mawe. O’Meara, deputy group solicitor, whose career in the group legal department spans a period of some 30 years, will not be replaced. ICI’s group solicitor, Victor White, says Bob Peters was appointed as joint deputy about two years ago […]

Ouija board 'reasons' due

Reasons for judgment are to be given soon in the Court of Criminal Appeal in the case of Stephen Young, who was jailed for life for a double murder. The court allowed his appeal after submissions from Young’s counsel, David Penry-Davy QC, that members of the jury consulted a ouija board about the verdict. Michael […]

Deacons to be record legal receivership

COLLAPSED 18-office Liverpool practice Deacon Goldrein Green is at the centre of the biggest ever law firm receivership after the Manchester High Court appointed accountants Pannell Kerr Forster to take over the running of the business. The firm collapsed suddenly two weeks ago when talks with the Royal Bank of Scotland over possible individual voluntary […]

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