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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

A cracking good yarn

They say that it’s all in a name and Tulkinghorn was recently treated to the charming tale of Camilla Squirrel. The delightfully named Squirrel, now a legal recruitment consultant with HaysZMB, is the subject of a rumour. Nothing sordid, mind. No, the rumour has it that when her chosen university received her application they were […]

FORUM

With major economic expansion continuing in Benelux, many firms face growing recruitment problems. Most admit to having difficulties and accept that more time and money is being spent on recruitment strategies. The main dilemma is not attracting people, but attracting the right type. This is of particular concern to the US and UK firms that […]

Theodore in cyber-gaming first

Theodore Goddard is representing the British Horseracing Board (BHB) on the first case to be brought under the Copyright and Rights in Databases Regulations 1997. BHB claimed that bookmaker William Hill, which was advised by Allen & Overy (A&O), was infringing its database rights by using it for its online offering. Companies are allowed to […]

a year ago this week

SJ Berwin sparks salary war SJ Berwin sparked a salary war by increasing newly-qualified lawyer salaries to £42,000 from the £33,000 industry standard. As documented in The Lawyer, several have followed suit, including Allen & Overy, Clifford Chance and Norton Rose. Later, KLegal raised salaries to £45,000. US firms i n London offering New York […]

Ford Credit links up with Lovells for Prince's Trust pro bono work

Ford Credit is setting up a pro bono initiative with the Prince’s Trust, becoming, it is believed, only the third in-house legal department to provide free legal advice. The five-strong legal team is working with Lovells, particularly Yasmin Waljee, a full-time pro bono coordinator at the firm, to provide general advice to young people who […]

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