AMO claims 2.4 per cent offer derisory

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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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Eurobond tax could threaten City

Cliff Dammers, secretary general, International Primary Markets Association Boyan Wells, managing partner, Allen & Overy Simon Firth, partner, Linklaters A curious spot of Euro-meddling in the billion-dollar eurobond market is threatening a calamity in the City. The European Union’s (EU) determination to stamp out tax evasion has led to proposals for taxing the profits of […]

Barrett summons one day out

Barrett Homes has won the right to challenge a decision by Bexley Justices giving the green light for it to be prosecuted for making allegedly false and misleading statements over a property price list. Barretts claim the summons on 19 June 1998 was laid over a year after the discovery of the alleged offence. It […]

The Lawyer Inquiry: Jackie Hawken

Jackie Hawken was born in Bristol in 1952. She is a senior solicitor and practice manager at Bristol City Council. What subject(s) did you fail at school? Quite a few. But it hasn’t stopped me. What was your first job? Petrol pump attendant. What was your first salary as a lawyer? u12,000. What would you […]

Flawed genius rises again

The high-flying Irish solicitor Elio Malocco relished his days in court. Some of his cases made front-page news – in Britain as well as Ireland – making him a media star. Handsome, urbane and articulate, he was sought after by camera crews and reporters alike. Malocco was once one of the best-known faces in the […]

Olivetti law firm chief in directorship link

The senior partner of an Italian law firm which is advising Olivetti Group on its hostile billion-pound bid for Telecom Italia is a director of a company in which the computer giant has a substantial stake, The Lawyer can reveal. Sergio Erede, senior partner at Milan-based firm Erede & Associates, is on the board of […]

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