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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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A new, improved Merseyside

Looking like he has just jumped out of the cockpit of a gleaming Spitfire, Jim Davies is an unconventional legal luminary in Liverpool. Davies set up Davies Wallis Foyster in the city in the late seventies – at a time when decent legal chaps simply did not do that sort of thing, eventually becoming the […]

In brief: Peter Carter-Ruck and Partners

Peter Carter-Ruck and Partners is acting for Harrods’ former chief executive Gerhard Janetzky, who is claiming more than £2m in compensation for wrongful dismissal. It is the latest in a string of claims against the company owned by Mohammed Al Fayed.

Jacksons and Crutes pull out of North East merger talks

Merger talks between Newcastle firms Jacksons and Crutes have broken down at the last minute. The two firms – which sources say have been in talks for three weeks – say the discussions broke down due to “operational concerns and potential client conflicts”. An industry source says the talks had reached the stage where Jacksons […]

Swelling chambers rush for premises

THANET House, the former premises of the Immigration Appeals Tribunal, has become the latest target for barristers chambers which face a growing accommodation crisis. One Essex Court and Fountain Court have both looked at Thanet House, which has a price tag of around £10m. Middle Temple seems the most likely buyer, as One Essex Court […]

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