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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 […]

Recommended

Regulating the late payment of commercial debts in the UK

Prompt payment is critical to the cash flow of every business. The Late Payment of Commercial Debts (Interest) Act 1998 (the ‘Act’) therefore implies a term into contracts supplying goods/services between businesses (including public authorities), that “qualifying debts” carry simple interest at a punitive rate (“statutory interest”). Statutory interest starts to accrue, if payment has […]

Hiring and firing

Widespread redundancies of both lawyers and support staff reared their particularly ugly head again over the past week or two. This week Bevan Brittan and Trowers and Hamlins followed Berwin Leighton Paisner Osborne Clarke, Wragge & Co and DWF in launching redundancy consultations. Read today’s pithy opinion article on the topic from Al Giles, Axiom’s […]

The importance of registering a patent in Jordan

Patents in Jordan are managed by the Patents Registrar in the Ministry of Industry and Trade and are governed by the Jordanian Patents Law No. 32 of 1999, as amended. The patent law is mainly based on the Patent Cooperation Treaty, adopted on 19 June 1970 in Washington DC, and the Paris Convention for the […]

russia

Market force

Russia is an attractive proposition for institutional investors at the moment, with a boom in bond issuances Capital markets has been a tricky area to be active in for the past few years, but in Russia at least things seem suddenly to have picked up and law firms are contemplating a full and interesting pipeline. […]

Venezuela

Garrigues’ Latin quarter

Garrigues looks to South America for relief from home market gloom Latin America is a key growth region that many international firms have been trying to break into for some time. Arguably, the most successful have been the big Iberian firms, which have been leveraging their shared history, culture and language with counterparts in south […]

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