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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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Trainee lawyers require protection from bullying bosses

Susannah Haan of the Trainee Solicitors’ Group says the Law Society should come down hard on firms that ill treat their trainees. Susannah Haan is chair of the Trainee Solicitors’ Group and a trainee at Clifford Chance. The number of calls that trainee solicitors are making to the Trainee Solicitors’ Group (TSG) helpline each month […]

Part-time judges face delay over Woolf training

Part-time county court judges will receive no training in the Woolf civil justice reform rules until after the 26 April launch-date. The 1,250 judges in England and Wales, who sit for a minimum of 20 days per year, will not begin training in the new rules until 19 April. In the latest setback to hit […]

In brief: Prevention of crime is cheaper than cure

Spending money on family support, education and combating truancy would be more cost-effective than increasing spending on young offenders in prison, a new report by The Princes Trust and KPMG has concluded. Wasted Lives, released this week, says juveniles in prison cost the country at least u190m, while programmes to keep families together and help […]

All set for tough new regime at the OFT

George Peretz examines the OFT preparations for the impending changes in the competition regulations. George Peretz is a barrister at Monckton Chambers, London. Since the Competition Act was passed last month, the Office of Fair Trading (OFT) has been gearing up for a revolution in competition law. The Director General of Fair Trading, John Bridgeman, […]

Sultan of Brunei dissolves Bruneian Ministry of Justice

THE Sultan of Brunei has axed the Bruneian Ministry of Justice as part of a shake-up following the collapse of the international conglomerate Amedeo, which was controlled by his brother, Prince Jefri Bolkiah. The Sultan has offered no explanation for the move, which is reported to have come as a shock to Brunei’s 70-odd legal […]

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