Shall we comply with the law?

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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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Football, the mafia and other thrillers

Manchester City’s land battle with a Red Devil-supporting stubborn landowner has all the hallmarks of David and Goliath. A solicitor in the suburbs versus a QC. A garage boss up against an oil-rich football club backed by the local council. All legal life is here. Although the Blues’ £100m expansion plans have suffered a puncture, […]

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Axiom to open Belfast base with £1.6m public cash injection

Axiom has launched a new delivery centre in Belfast after being offered up to £1.6m in public funding to make the move. The new office houses teams of lawyers and paralegals providing managed services to companies and general counsel, and could create around 102 jobs in the city by 2014. Regional development agency Invest Northern […]

Dechert bulks up in Frankfurt with Fried Frank hire

Dechert has raided rival US firm Fried Frank to bolster its newly-opened Frankfurt office, picking up partner Sven Schulte-Hillen. Schulte-Hillen was previously managing partner of Fried Frank in Frankfurt, having founded the office in 2004. The hire follows Dechert’s January 2012 announcement (17 January 2012) that it was opening in the city to build on […]

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Grim cases take a toll on lawyers

Hearing and seeing evidence of abuse can affect professionals, who need training to cope The evidence of the torture and murder of 15-year-old Kirsty Bamu in the recent witchcraft trial at the Old Bailey dramatically highlights the issue of secondary traumatic stress. This is a condition that affects professionals exposed either to clients who suffer […]

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Supreme Court overturns CoA ruling in Reynolds defence case

The Supreme Court has unanimously endorsed the use of the Reynolds defence, the right to claim a defence of public interest, in media cases. The ruling overturns a Court of Appeal decision handed down by the Master of the Rolls Lord Neuberger and Lord Justices Moore-Bick and Moses (13 July 2010). The case concerns a […]

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