Truth is a Difficult Concept: Inside the Scott Inquiry

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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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In brief: Clifford Chance to pay costs to Zappia

City firm Clifford Chance has been ordered to pay costs on an indemnity basis to Zappia Middle East Construction company after a writ was issued through solicitors Zaiwalla & Co. Judge Wilcox made the order after Clifford Chance decided to withdraw an application to strike out the action,which related to a claim for damages following […]

In brief: Charity warns of non-qualified will writers

Many will writers who advertise offering to prepare wills for elderly people are not legally qualified and lack the legal expertise needed to give sound advice and provide an error-free legal document, Help the Aged has warned The charity has produced an information pack which encourages people to make their own wills and gives information […]

Law Society loosens grip on college

TIES between the Law Society and the College of Law may be loosened if council members approve a proposal to relinquish Chancery Lane’s stronghold on the college board. The proposal, put forward by the society’s strategy committee, will go before council at this Thursday’s meeting. If passed it will mean the council will give up […]

A matter of keeping confidences

Roger Pearson looks at alegal to maintain privacy Sisters Michelle and Lisa Taylor, cleared of murder two years ago, are waging a new legal battle, this time to preserve their privacy. They have won a High Court pledge from a nightclub bouncer who campaigned for their release that he will not disclose confidential documents or […]

Tailormade for lawyers

I was pleased to see Legal & General considering a unit to deal with solicitors and accountants (The Lawyer 14 March). Allied Dunbar established such a unit last year and I can confirm that the legal profession does have different methods of working to those of the IFA market and that a tailored service for […]

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