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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

The Tom ap Rhys Pryce Memorial Trust

Linklaters has set up a charitable trust in memory of its associate Tom ap Rhys Pryce, who was murdered on 12 January in London. In a statement, the magic circle firm said: “Tom’s family and fiancée have decided that an appropriate memorial would be a charitable trust. Tom was himself a beneficiary of educational funding […]

British Virgin Islands

Amendments to the BVI’s new corporate legislation will improve the legal situation for companies without undermining their competitiveness, writes Leonard Birmingham

Nauta’s PEP boosted by partner drop

Nauta Dutilh has revealed a profits rise of 10 per cent for 2005 although revenues at the Dutch giant remained static. Average profit per equity partner (PEP) rose to EUR440,000 (£302,000) from EUR403,000 (£276,000) last year. Total revenues stood at EUR145m (£99m), the same as in 2004. The improved PEP is partly due to a […]

Isle of Man: Space Industry

The space industry has landed firmly on the Isle of Man. Andrew Corlett reports on how proposed changes to Manx law will encourage further investment from global companies

ABN brings employment in-house as disputes escalate

Dutch investment banking giant ABN Amro has hired its first in-house employment lawyer in an bid to slash its external legal spend. Charlotte Davies, a senior associate at US firm McDermott Will & Emery, has joined ABN’s legal department. ABN’s employment law panel, which comprises Olswang, Simmons & Simmons and SJ Berwin, is being reviewed […]

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