Standard contract to become available for syndicated loans

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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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Lords to debate school dyslexia diagnosis

The Law Lords are set to decide if a school’s failure to diagnose and treat dyslexia is a personal injury, writes Roger Pearson. The legal status of dyslexia is to be argued before the Law Lords. Lords Steyn, Clyde and Millett have given leave for an appeal which will focus on whether the failure to […]

Clyde & Co builds on Dubai presence

CLYDE & Co is sending two high-profile partners to its Dubai office to boost the firm’s Middle East presence. Alec Emmerson, the firm’s former head of credit and political risk group insurance, is replacing David Reynolds as senior litigation manager in Dubai. Anthony Garrod, who helped found Clyde & Co’s business law group, is moving […]

Zoo learns VAT lesson at High Court

Roger Pearson reports on Chester Zoo’s bid for VAT exemption on admission fees as it claims to offer an educational service. The right of Customs and Excise to charge VAT on admission to places such as zoos, art galleries and museums was scrutinised by the High Court last month. A challenge from Chester Zoo that […]

Thompsons does Woolf cull U-turn

Leading personal injury firm Thompsons has promoted four partners to equity status, just eight months after culling 11 partners in preparation for the Woolf reforms. The firm asked for the resignation of a fifth of its partnership in March this year, saying an internal Woolf group had concluded the firm’s employment structure was top-heavy. But […]

GM crops collapse before the law

The Government’s support for research into GM technology comes at a cost to the legal process. Peter Roderick explains why. Peter Roderick is the legal officer at Friends of the Earth. I will look back on 1999 as the year in which the British public said “no” to genetically-modified (GM) crops and foods. Consumers won’t […]

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