SJ Berwin recaptures Usher from Dundas

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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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Freshfields closes Fitness First sale

FRESHFIELDS Bruckhaus Deringer has advised private equity house Cinven on the sale of healthclub chain Fitness First for £835 m to BC Partners. Dickson Minto, long standing advisers to BC Partners, stood opposite Freshfields in the deal. It marks the completion of an investment cycle for Cinven, with Freshfields also advising Cinven on the purchase […]

Law Soc polls its members about Clementi-inspired modifications

The Law Society has commissioned market research company NOP to poll its members ahead of the splicing of its regulatory and representative functions, as recommended by the Clementi review. Law Society vice-president Fiona Woolf said at the society’s annual conference last week: “This will inform a major consultation that we are planning for the new year.” […]

DLA Piper takes Coudert’s Belgian office

DLA Piper Rudnick Gray Cary looks set to add Belgium to its growing collection of Coudert Brother offices The DLA Piper partnership is voting on a proposal to take up to 34 lawyers including eight partners and up to 26 other fee earners. If the vote goes through the new recruits would give DLA Piper […]

Airline costs to mount after ECJ judge ruling

The European Court of Justice (ECJ) has dealt the aviation industry a massive blow that could cost airlines billions of pounds in compensation. Lawyers acting on behalf of two major airline associations suffered disappointment in the ECJ as Advocate General Leendert Geelhoed found that airlines are liable for compensating passengers in case of any delay […]

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