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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

Judges avoid charity work

JUDGES are treating charity work cautiously following the Lord Hoffmann debacle. The Master of the Rolls, Lord Woolf, has bowed out of hosting a fund raising reception for Amnesty International because he has been told he could be one of the judges hearing General Augusto Pinochet’s new plea for state immunity. While Lord Woolf has […]

European Court breaks through language barrier

Travelling citizens of the European Union must be able to use their own language in the court of the region they are visiting if that right is also enjoyed by residents of the area, the European Court of Justice (ECJ) has ruled. Its judges were asked to consider the cases of an Austrian lorry driver […]

Apil warns of 'chaos' in insurance

Insurance companies should improve their readiness for the Woolf reforms or risk “chaos” and a return to “trench warfare” between the insurance industry and personal injury lawyers, the Association of Personal Injury Lawyers (Apil) is warning. But insurers say they are baffled by the remarks, insisting they are fighting alongside everyone else to meet Woolf’s […]

In brief: The International Bar Association

The International Bar Association’s Human Rights Institute has achieved further success by successfully negotiating the release of Iranian legal scholar Hojatoleslam Sayyid Mohssen Saeidzadeh. He had been detained without charge and denied access to counsel since June 1998. He was imprisoned because of an article he had written arguing for a progressive view of Islam […]

Swapping law for crocodiles

A trainee solicitor-cum-Crocodile Dundee adventurer has given new hope to those wanting to opt out of the law. Twenty four-year-old Abigail Wilkinson of Solihull gave up her traineeship at a Birmingham firm where she aimed to specialise in EU law, because she found it “boring”. Wilkinson then went backpacking in the Australian outback, fell overboard […]

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