Bar Council under fire over ageism proposals

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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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Pannone establishes injuries unit

Manchester-based Pannone & Partners has set up a catastrophic injuries unit in response to an increasing need for an “all-round service” from clients. The unit will respond to clients who have been severely injured by accidents or disease, and will unite all members of the firm who provide expertise throughout the areas of personal injury […]

Burges Salmon gains ex-Eversheds partner

Burges Salmon is strengthening its property and finance litigation practice by hiring the former senior partner of Eversheds‘ Bristol office. Peter Morris has decided to join the Bristol firm, following the closure of the office on 1 May. He says that Burges Salmon approached him after the decision was taken to close the practice to […]

News in brief

Chadbourne & Parke‘s New York office is relocating a corporate finance partner to London. Claude Serfilippi specialises in capital markets transactions including high-yield debt offerings. In New York, his practice has focused on advising domestic and foreign corporations and financial institutions in corporate and securities matters. His move is part of Chadbourne’s continuing expansion of […]

Surplus to requirements

The question of who owns an occupational pension scheme’s surplus has once again reared its ugly head in the form of the recent House of Lords ruling in the case involving the National Grid pension schemes. Two National Grid pensioners objected to the use of the pension scheme’s surplus to fund redundancy packages subsequent to […]

NGJ rolls out PFI group with Row & Maw hire

Nicholson Graham & Jones is expanding its presence in targeting the growing PFI and public-private partnership (PPP) market with the hire of a projects partner from Rowe & Maw. Christopher Causer takes up the new role as head of Nicholson Graham’s PFI team within its construction and engineering department. Head of department David Race says […]

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