Scotland blazes the estate agency trail

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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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Financing

Gold Mann & Co acted for AIM-listed software developer AFA Systems on its £2.4m placing and open offer of new ordinary shares to raise working capital for product development. Speechly Bircham advised the underwriter

Nacab head is appointed legal watchdog

The Lord Chancellor, Lord Irvine of Lairg QC, has appointed Ann Abraham, chief executive of the National Association of Citizens Advice Bureaux (Nacab), as the new Legal Services Ombudsman. Abraham will take over the post, where she will oversee complaints against members of the legal profession, in September when present Ombudsman Michael Barnes stands down. […]

No funds no defence

I fundamentally disagree with most of Mike Dailly’s article on public defenders (The Lawyer, 29 July 1997). It would take up too much space in your journal to set out my objections in full, and in any event there are many far more able than me who will want to do so. However, there are […]

Tips for top-up

Anthony Falcon has some suggestions for improving cover. Anthony Falcon is chair of Anthony K Falcon. There is an enormous difference between the contributions the Solicitors indemnity fund demands and the rate the commercial market could charge. As an example, one firm due to pay the SIF £250,000 for the primary £1m and facing £100,000 […]

CPS denies claims of undermining inquiry

BELEAGUERED officials from the Crown Prosecution Service have met with Sir Ian Glidewell – the retired Appeal Court judge who is leading the independent inquiry into the service – in a bid to convince him that they are not trying to undermine his inquiry. The move follows Glidewell’s claim, in a letter to the Director […]

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