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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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Trainee lawyers require protection from bullying bosses

Susannah Haan of the Trainee Solicitors’ Group says the Law Society should come down hard on firms that ill treat their trainees. Susannah Haan is chair of the Trainee Solicitors’ Group and a trainee at Clifford Chance. The number of calls that trainee solicitors are making to the Trainee Solicitors’ Group (TSG) helpline each month […]

Christmas Reading

The Final Score: The Inside Story of Soccer’s Trial of the Century By Hans Segers, Mel Goldberg and Alan Thatcher Covers the match-fixing trial of footballers John Fashanu, Bruce Grobbelaar and Hans Segers in 1997. Claims to tell the true story behind the headlines. Shadow of a Doubt By Ted Allbeury A former director general […]

Property

Charles Romney at Cameron McKenna acted for AMC in gaining a leasehold at a proposed new cinema, retail and leisure complex at Deansgate, Manchester. The developer of the site, Morrison Merlin, was advised by John Scrimshire of DJ Freeman.

Allen & Overy recruits Gide Loyrette partners to boost Paris bank practice

Allen & Overy has recruited two capital markets partners and one taxation partner from Paris firm Gide Loyrette Nouel, after breaking off a seven-year association with the firm last month. The hirings mark the next move of A&O’s drive to create a strong banking practice in France, and follow the end of its association with […]

Financings

Guy Billington of Cameron McKenna acted for LTG Holdings on its admission to the trading of its subsidiary

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