​Cyprus: Better together

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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

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Linklaters

Linklaters to introduce merit element to associate lockstep

Linklaters is to introduce a merit-based element to its associate lockstep structure in an effort to “reward high performance as well as chargeable work” after lifting a junior lawyer pay freeze earlier in the year. London-based associates above two years PQE will for the first time receive a discretionary element understood to start at around […]

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S&G agrees £33m takeover of Pannone consumer business

Slater & Gordon has confirmed to the Australian Securities Exchange (ASX) that a sale agreement for £33m has been made with Pannone. The statement from the personal injury (PI) giant said due diligence on the merger was substantially completed. The transaction is expected to complete in late February 2014. The acquisition is made up of […]

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Gide picks up Ukraine team from Beiten Burkhardt

Gide Loyrette Nouel is adding a team of nine lawyers from German firm Beiten Burkhardt in Ukraine, as the latter closes down its presence in the country. The team, led by partners Julian Ries and Oleksiy Feliv, will join Gide on 1 January.  The news follows Beiten Burkhardt’s disposal of its Warsaw office to Austrian […]

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Lewis Hamilton’s father fights British driver in High Court

Lewis Hamilton’s father, Anthony, is in court today for the fourth day of his wrongful dismissal case against Scottish race driver Paul di Resta. Fox Williams partner Gavin Foggo has instructed Brick Court’s Charles Hollander QC to lead the case for Hamilton who alleges wrongful termination of contract and loss of earnings after being dropped by Di […]

Clifford Chance

Clifford Chance elects Layton as new managing partner

Clifford Chance has elected global corporate head Matthew Layton as its new global chief to replace outgoing head David Childs, who retires next year. Layton was crowned global managing partner today following the close of the vote on Monday (26 November 2013). He will take up the reins as managing partner for his first four-year term […]

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