A&O takes CC competition partner for Brussels boost

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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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Maclays’ profit packs a punch

Maclay Murray & Spens may have its issues by growing its private equity team in London after the loss of high-flying partner Graeme Sloan to Latham & Watkins, but it has had no difficulty at all growing its profit last year. Today the Scottish-headquartered firm released its end-of-year figures for 2005-06. The event is a […]

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GMC ditches Eversheds and Mills & Reeve but retains FFW

The General Medical Council (GMC) has dropped Eversheds and Mills & Reeve from its panel, retaining Field Fisher Waterhouse (FFW) as its sole adviser. FFW partners Mathew Lohn and Tom Rider handle most of the GMC’s work. The GMC was expected to cut its panel to two firms this year, rather than one. The measure […]

IBB wins new client Dolce & Gabbana

South East firm IBB Solicitors has secured Dolce & Gabbana as a new client, advising the designer Italian fashion house on a lease agreement for new showroom premises in London. IBB real estate partner David Silva led the firm’s team advising on the deal for the premises at 18 Hanover Square, London. It is understood […]

Smaller sets do big business

Good financial performances are not just the preserve of the top 10 sets, with a few smaller chambers showing signs of a lucrative year. Employment set 11 King’s Bench Walk (11 KBW) grew turnover by 21 per cent, from £11.2m to £13.6m, signaling the start of an expansion push and a search for new offices. […]

Revealed: A&O’s merger approach to Freshfields

Allen & Overy (A&O) approached Freshfields Bruckhaus Deringer for a merger earlier this year, The Lawyer can reveal, as the former moves its strategic planning to a new level. The informal approach, made in April and rebuffed by Freshfields, came after a year of merger scenario planning. A&O senior partner David Morley told The Lawyer: […]

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