Winston suffers second CC assault

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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&O moves data centre outside capital

Allen & Overy (A&O) has spent £5.5m outsourcing its IT infrastructure to ensure the safety of its technology systems. The magic circle firm has signed a five-year contract with Savvis, which will house its data centre outside London while A&O remains responsible for its day-to-day running. Chief information officer Dave Burwell told The Lawyer: “The […]

QinetiQ float to land £2m windfall for legal director

QinetiQ general counsel and company secretary Lynton Boardman stands to reap a £2m windfall when the company lists on the London Stock Exchange next week. Boardman is expected to sell 150,870 of his one million shares when the UK Government’s defence research agency lists as a public company. At the top price range of 205p […]

Bond Pearce set for associate psychometric assessments

Bond Pearce is considering rolling out the assessment programme it introduced two years ago for partners, which includes psychometric testing, to all associates. The firm has already extended the programme to assistants who are up for promotion to associate level. However, at Bond Pearce’s first-ever associate conference, held last March, partners and associates discussed whether […]

Business punch

Staff at top 10 City firm Lovells and independent business-led charity Business in the Community proved they’re a fighting force by taking part in a charity boxing match to raise money for London-based community organisation YourStory. Thanks to Fitzroy Amateur Boxing Club, the teams are now very accomplished with a skipping rope and, if you […]

The law behind….holidays

The arrival of the internet has created a new style of holiday-making whereby people buy flights and accommodation from separate suppliers rather than in a single package from a tour operator. But without the same protection as that afforded to package holidays, how is the law changing to keep up? The past 10 years or […]

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