Addleshaws rejigs arbitration with new boss

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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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Orrick benefits from latest Freshfields exit

The departures at Freshfields Bruckhaus Deringer mounted as an Italian project finance partner headed for the door. Franco Campomori is leaving for US firm Orrick Herrington & Sutcliffe, where he will become a partner in the banking and finance group. Campomori is the second Milan-based partner to leave Freshfields for a US firm this week, […]

Minority legal bodies take Govt to court

•The Society of Asian Lawyers and the Black Solicitors Network have commenced judicial review proceedings to challenge the Government’s proposed changes to the funding of legal services for crime. They claim that the Carter reforms will adversely affect ethnic minority lawyers, as the smaller law firms they tend to work for will be less likely […]

Germans win out in Taylor Wessing promotions

Taylor Wessing has promoted 11 lawyers to partnership with the majority based in Germany. The firm has made seven partner appointments in Germany including four in Munich and one each in Hamburg, Frankfurt and Dusseldorf. In the UK Taylor Wessing has focused primarily on corporate and tax with the promotion of four partners: Ann Casey […]

Linklaters confirms salary rises

Linklaters has today (30 April) confirmed that it will increase associate salaries in London by up to 16 per cent from tomorrow. As revealed on www.thelawyer.com (19 April), the magic circle firm has boosted its salaries for associates with one year’s PQE by 14 per cent to £69,000, while two-year PQEs will see an increase […]

Private equity: Union hijack

With trade unions trying to sully the image of private equity, the global industry needs to pull together. By Kathryn Brown It has been suggested that CVC Capital Partners’ failed bid for J Sainsbury earlier this month was in part caused by CVC’s fear of adverse publicity following the public relations campaign against the private […]

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