Three's company in Sweden

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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

College go-ahead breathes new life into education PFI

Lawyers are hoping the education private finance initiative (PFI) blockage will be freed up with the first signing of a further education project this month. Robert Pirrie, head of the PFI unit at Scottish firm Maclay Murray & Spens, believes the deal he helped structure for Falkirk College will act as a blueprint for other […]

Award for IT pioneers

Alison Laferla reports An Exeter law firm rose “like a phoenix from the ashes” to scoop this year’s Society for Computers & Law IT award last week. The four-partner firm, Rundle Walker, was set up by solicitors who had been made redundant in the recession. None of the partners had used a computer before, but […]

Firms with eye on services market take trainee route

A number of firms are preparing to train young solicitors to deal with financial services. Trainees at Barr Ellison, Buckle Mellows and Cunningham John are sitting financial services exams to tie in with their qualification as solicitors in September. Rosa Gunston, of Barr Ellison, will head a new department called investment and financial planning when […]

AIM finds lawyers are the best

Lawyers give better value for money than any other advisers that help companies to float on the Alternative Investment Market, according to a survey which was published last week by accountancy firm Neville Russell. But the survey also found that in many cases the company used its nominated adviser’s lawyer, on the nominated adviser’s recommendation, […]

Partner helps win Govt tax U-turn

Halifax lawyer Michael Gledhill has helped persuade the government to do a U-turn on its plans to close a tax loophole that would have cost his client millions of pounds. Gledhill, senior partner at eight-partner firm Finn Gledhill, acts for members of a family who last October received millions of pounds on the maturity of […]

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