Appeal court makes landmark equal pay decision

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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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DWS names non-executive board member

Denton Wilde Sapte has appointed former Ernst & Young ­chairman Nick Land as its external non-executive board member. Land, who is also on the boards of Vodafone and Royal Dutch Shell, takes over from Geoffrey Howe, who stepped down in 2007 due to his growing obligations as ­chairman of Nationwide Building ­Society. Dentons chairman James […]

Rolling news

Regular visitors to ­Tulkinghorn’s page will recall that a few weeks ago he reported the plight of Thomas Eggar ­managing partner Tony Edwards, or “fat lawyer on a hike” as he has labelled himself. Edwards had a plan to walk from the South Downs to Lewes and then to Brighton in 24 hours to raise […]

Personal touch

With the lines between offshore and onshore firms becoming increasingly blurred, the special relationship between the two has become ever more important. Onshore firms are the lifeblood of their offshore counterparts and when the latter move into mainland jurisdictions it is a sensitive step, as the last thing offshore firms would want to do is […]

Thacher, sullivan win credit crisis gigs

New York firm Thacher Proffitt & Wood has won a leading role in relation to the collapse of US bank IndyMac, while ­Sullivan & Cromwell is advising US mortgage group Fannie Mae on its possible government bailout. Thacher Proffitt’s structured finance practice group chair Steve Kudenholdt is acting as legal counsel to the Federal Deposit […]

Covington launches in Asia

US firm Covington & Burling has launched its first office in Asia, with former management chair Stuart Stock heading a team in Beijing. Joining Stock will be former Warner Bros ­Entertainment executive Ellen Eliasoph and Cao Yu, a former partner of Chinese firm Haiwen & Partners. Both will act as ­resident senior lawyers.

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