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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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Top of the Peps

As well as breaking news stories on TheLawyer.com, our Top of the PEPs blog will provide you with The Lawyer’s unique brand of incisive ­commentary on the state of each firm. The business end Hammonds managing partner Peter Crossley’s mantra is ‘business, business, ­business’. But, as with many businesses in the current climate, Hammonds has […]

Maples hires A&L duo for Ireland push

Cayman Islands-based Maples and Calder has continued its Ireland expansion by hiring Irish firm A&L Goodbody financial services partners Barry McGrath and Nollaig Murphy. It is Maples’ ­second Irish hire in two months, following the ­recruitment of corporate partner Edward Miller from Matheson Ormsby ­Prentice in June. McGrath is an investment fund ­specialist, while Murphy […]

Lord Falconer joins Gibson Dunn

Former Lord Chancellor Lord Falconer is set to join Gibson Dunn & Crutcher, following in Lord Goldsmith’s footsteps by joining a US law firm. Falconer, who joins the firm’s London office, takes on the role of senior counsel within the firm’s dispute resolution team. The US firm’s managing partner, Ken Doran, said Falconer will support […]

Clifford Chance acts in Nokia bid for Symbian

Clifford Chance has won its first major UK mandate from Nokia, as the mobile phone giant moves to take over mobile software company Symbian. Also lining up on the $410m (£206m) deal are Eversheds, Norton Rose and Slaughter and May. Clifford Chance corporate partner Joachim Fleury has been instructed as Nokia offers to buy the […]

Frankly, you look a M&S…

Tulkinghorn is rarely out of his dinner jacket, and so doesn’t understand the last-minute panic buying that lawyers go through the day before a big black-tie event. A reliable mole informs Tulkinghorn that Ashurst senior partner Geoffrey Green fell into just such a panic on the day of The Lawyer Awards. He rushed to Marks […]

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