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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

Acting in the world's interests

With the activities of the IBA’s high-profile Section on Business Law attracting most attention, other IBA activities have been somewhat sidelined. But one area in which the IBA has a respectable track record – human rights – is fighting back with the establishment last December of the Human Rights Institute. “A global lawyers’ organisation had […]

OSS seeks funds to clear backlog

The Office for the Supervision of Solicitors is asking for more than £700,000 from the Law Society to help clear a projected backlog of 370 cases. The OSS, whose operating costs account for around a third of the Law Society’s budget, is to employ nine new staff, seven of whom will be investigative accountants. The […]

Manches & Co invests in VoiceType Dictation system

London solicitors Manches & Co has ordered eight more copies of IBM’s VoiceType Dictation 3.0 system, bringing its total to 13 copies. The system, which allows users to dictate their own documents direct to screen and correct them without secretarial help, has been tested by the firm’s 110 fee earners over the past two years. […]

Mears tries the 'carrot' approach with client care programme

The maxim “the customer is always right” does not appear to have gained much currency among solicitors. Each year 20,000 complaints flood in to the Office for the Supervision of Solicitors (OSS). “With that number of complaints, there is something wrong,” surmised former Law Society president Martin Mears, the surprise choice as the head of […]

Fairer play on training

As one of the first of the LPC graduates of 1994 and one who has been unable to find a training contract, I was interested to read Tony Holland’s article in The Lawyer 19 November. I am a mature candidate with a wealth of experience in discrimination law. It is a sad state of affairs […]

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