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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

Three top Italian firms merge to fight UK and US predators

Three top Italian law firms are merging in response to “aggressive competition” from UK and US practices.The firms are Erede e Associati, which is advising Olivetti in its £36.5bn take-over of Telecom Italia alongside Herbert Smith (The Lawyer last week), Bonelli e Associati and Pappalardo e Associati.Foreign interest has forced Italian firms to examine their […]

The pro bono myth laid bare

AS THE Government pursues a successful strategy of attacking solicitors for their supposed greed, the legal profession is steadfastly refusing to reveal what work it does for free.Unearthing individual solicitors who are committed to pro bono is not difficult. But getting the entire profession to provide the hard facts and figures to show how much […]

Private practice lawyers miss out on top jobs in CPS shake-up

None of the crucial roles in the shake-up of the Crown Prosecution Service have gone to lawyers in private practice, The Lawyer can reveal.Just two candidates from outside the CPS have been handed jobs as chief crown prosecutors in the 42 new prosecuting areas.But one has come from the civil service where he is legal […]

Scuffle of the week:

Veteran CPS basher Neil Addison (pictured) notched up another round in his battle against the service. Former senior crown prosecutor Addison, who resigned in 1995 after being suspended for his political activities while on the Bar Council, has since been consistently passed over for jobs at the CPS, despite enjoying a good reputation among his […]

Pro bono not top priority, says Law Soc president

MICHAEL Mathews says the Law Society supports pro bono initiatives. So why has the Law Society recently turned down two applications for grants to set up pro bono schemes?Leeds Law Society recently applied for a u4,500 grant to set up a free advice centre in the city. The Law Society offered a mere u650 and […]

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