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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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Digests

Titmuss Sainer Dechert represented French company Consodata SA on its £15.75m purchase of Consumer Access. As part of the sale, Arcadia Group sold off a 51 per cent stake in Consumer Access. An option agreement was drawn up for the sale of the remaining 49 per cent share in the company from Hugh Villers and […]

Clifford Chance appoints Frenchman as Paris head

Clifford Chance has appointed leading media and sports partner Yves Wehrli as managing partner of its Paris office. He is the first Frenchman to head the office, which he says shows the development of the local practice. “I think the aim has been to amplify the French side as much as possible,” he says. “We […]

Will merger reforms help or hinder?

The Department of Trade and Industry has proposed plans to reform merger regulation. This week the forum asks how they will change the way competition lawyers work. The Department of Trade and Industry (DTI) is at the centre of a row over its proposed plans to reform merger regulation. The DTI proposes that the decision-making […]

Gregorys merges with neighbour

Central London firms Gregory Rowcliffe & Milners and Simmonds Church Smiles are merging. The new 18-partner firm will operate under Gregorys’ name. It will run from Gregorys’ Bedford Row premises and Simmonds’ Tunbridge Wells office. Gregorys’ managing partner John Anderson says the firm intends to expand its Anglo-German business, which it has built since merging […]

Property

Clifford Chance advised MEPC on the letting of two buildings at Ancells Business Park, Fleet. The 45,000 sq ft Fulmar House and Technology House buildings have been let to Parametric Technology (UK). Clifford Chance’s team included real estate assistant Angela Shepherd and construction assistant Bruno Spence. Ann Lewin, property partner at Trevor Robinson & Co, […]

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