Thompson to head Blackburn

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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

It may be time to shift units

Brought into existence in 1988 by Finance Act changes permitting unit trusts to invest directly in deposits and other near-cash instruments, cash unit trusts offer a number of attractions to financial planners and their clients. Their first and most obvious advantage is the competitive interest rate they can offer. Cash trusts invest in the interbank […]

Pannones in north south split

THE LONDON and Manchester offices of Pannone & Partners have split to become separate profit centres. But the 20-partner London office, which operated as Pritchard Englefield & Tobin until the firm’s 1992 merger with Manchester practice Pannone March Pearson, will retain the Pannone name. The split became official at the start of January, with the […]

Guy Harvey questions a ban on prisoner visits to lawyers' offices

“Must try harder” could be seen by many as the mid-term report on beleaguered Home Secretary Michael Howard. However, in the view of this solicitor he has recently tried a little too hard in one respect. Last November the Home Secretary issued the innocuous sounding ‘Instruction to Governors Number 70 of 94’ which said: “Prisoners […]

Council struck by 'disease'

Tim Miller reports LOCAL government lawyers in the West Midlands are being bombarded with writs from legally-aided tenants. Councils have seen their bills soar as residents use the Section 82 procedure to force local authorities to carry out urgent repairs. “Section 82s are like a disease – they are infectious and usually come in clusters […]

In brief: Rhatigan swaps DAC for Eversheds

Davies Arnold Cooper partner Michael Rhatigan has left the firm to move to rival Manchester practice Eversheds Alexander Tatham. Rhatigan, who had headed DAC’s property department, has taken his senior assistant Julie Stobart with him. Eversheds head of property Stephen Sorrell says the appointments bring additional strength and expertise to the expanding department, which represents […]

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