3VB practice director takes charge at Riverview Chambers

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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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Raft of firms advise on Terra Firma’s acquisition of Garden Centre Group

Ashurst, Dundas & Wilson, Macfarlanes, McGrigors, Memery Crystal and SJ Berwin all won roles advising on the acquisition of the Garden Centre Group from Lloyds Banking Group by Guy Hands’ private equity house Terra Firma Capital Partners. SJ Berwin corporate finance partner Ed Harris led for Terra Firma on the £276m deal alongside finance partner […]

Freshfields names social mobility ‘sponsor’ as part of diversity push

Freshfields Bruckhaus Deringer has appointed real estate lawyer Annette Byron as its partner in charge of social mobility. Byron will support the firm’s social mobility programmes as the ‘sponsor’ responsible for the area. She will continue in her role as the sponsor for ethnicity initiatives, with the magic circle firm operating a six-pronged system in […]

Weerasinghing anymore?

What do you do when your global chief decides to join one of your biggest clients? Wail? Rejoice? Make a cup of coffee? That’s the situation US giant Shearman & Sterling finds itself in this morning after senior partner Rohan Weerasinghe quit yesterday to join one of its biggest clients, Citigroup, as general counsel, as […]

Rohan Weerasinghe

Shearman chair Weerasinghe leaves firm for GC role at Citigroup

Shearman & Sterling senior partner Rohan Weerasinghe has quit to join Citigroup as general counsel. The New York-based corporate partner formally announced his resignation to the firm today but will stay on until June. The firm hopes to have appointed a replacement before the global partners’ meeting in the US in early May, with names […]

Job Watch: Construction

As one of the worst-hit sectors in the recession, construction might not seem an obvious choice for specialisation. However, there are signs that things are looking up, says Tarnjeet Purewal, a consultant at Red Law Recruitment. “The construction sector in the UK has grown at its fastest rate in nearly a year and, with the […]

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