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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 […]

Recommended

Gilbert & Tobin launches alliance with King & Wood

Australia’s Gilbert & Tobin has entered into a strategic alliance with China’s largest commercial law firm King & Wood. Under the alliance, the firms will create a joint partner committee to cater for clients in China, to develop their businesses across Asia Pacific and to share legal and management skills. Gilbert & Tobin managing partner […]

Group calls for regional administrative courts

A judicial working group has recommended that there should be four regional centres of the administrative court outside of London. The group, led by Lord Justice May, proposes that courts should be established in Cardiff, Birmingham, Manchester and Leeds, with High Court judges sitting outside of London more regularly. The working group report, called Justice […]

Firm profile: iLaw

“We’re often asked what the ‘i’ stands for in iLaw,” says managing director Justin Ellis. “It doesn’t stand for any individual word, but rather represents a number of concepts that are important to us.” Ellis cites an innovative and intelligent business model and service and the firm’s core areas of IT and IP. Whatever the […]

Irwin Mitchell anticipates good times ahead in shifting legal landscape

PI powerhouse looks to Legal Services Act reforms to improve revenue streams. By Katy Dowell Irwin Mitchell anticipates good times ahead in shifting legal landscape” />Irwin Mitchell is not averse to change. Under the leadership of senior partner Michael Napier the firm has established itself as a personal injury (PI) powerhouse, carving a path for […]

Lovells steps in to Second Life for pro bono fiesta

Lovells has embraced the power of technology to celebrate Pro Bono Week in cyberspace. From Monday (12 November) and running for a week Lovells will set up a stall in Second Life’s virtual world to mark a decade’s worth of pro bono work at Lovells. The exhibition showcases current and former pro bono clients including […]

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