Ashursts plans US move

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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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Wragges increases profits by forty five per cent on last year

Birmingham-based Wragge & Co has announced record turnover figures for this financial year. The 40 per cent increase brings Wragges’ gross fees this year to £76.3m. Last year’s turnover was £54.5m with average profits per partners of £257,000. The total net profit for this year, which is yet to be finalised, is estimated to be […]

Lawrence Graham posts record profits

London firm Lawrence Graham has had a record increase in profits for the last year and upped average partner pay by around 35 per cent. The firm’s turnover has grown to £49.3m from last year’s £39.7m, a 24 per cent increase. Profits have gone up by even more – the average partner now takes home […]

CC lures top finance lawyer from White & Case in Paris

Clifford Chance is poaching one of France’s leading projects and finance lawyers from US firm White & Case. Giustini has been with White & Case since he qualified in New York in 1986 and moved to Paris in 1987. He will join Clifford Chance’s Paris office at the end of May. He is currently co-head […]

DC Arnold & Porter boosts technology

Washington DC firm Arnold & Porter is ramping up its high-tech litigation practice with the hire of two senior lawyers. Michael Songer is joining as a partner from the DC office of Brobeck Phleger & Harrison, where he is a partner, and Robert Jones Worrall is joining as of counsel from Howrey Simon Arnold & […]

A Vews from Budapest

The rise and apparent fall of the Budapest Stock Exchange has taken place at high speed. At the same time as the exchange was celebrating its 10th anniversary earlier this year, most thoughts were focused on the depressed state of the market, not all of which can be attributed to wider factors affecting other equity […]

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