Bar Council vows legal aid action

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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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Ireland

The Irish economy may be slowing, but the boom times are far from over. Oddly, one area in which growth has been stunted for some time, despite the country’s obsession with it, is gambling. Uncertainty over the legality of trading into or out of Ireland is the generally accepted reason for this, with the country’s […]

Power shower

Paul Wilson, the chief executive of Brummie law firm Shakespeare Putsman, is obviously making his mark back home in the Midlands after a less-than-stellar time in the Thames Valley with Olswang. The architect behind the rise and rise of Birmingham set St Philips (prior to his Olswang sojourn) has been named in The Birmingham Post’s […]

Bakers steers MCG through merger

Baker & McKenzie has advised Management Consulting Group (MCG) on its $125m (£62.02m) proposed merger with global management consulting firm Kurt Salmon Associates. The latter has turned to Paul Hastings Janofsky & Walker for advice. The Bakers team was led by London corporate partner Tim Sheddick and his Chicago-based counterpart Edward West, with banking and […]

Bristows poaches Finers partner

Bristows has poached dispute resolution partner Mark Brown from Finers Stephens Innocent in an effort to expand its commercial litigation team. Bristows joint managing partner Paul Walsh said Brown would complement the other lawyers on the commercial litigation team and his work on financial disputes would be particularly valuable. “There’s quite a big financial aspect […]

Pannone nets Watson Burton banking star

Watson Burton banking star” />Manchester-based Pannone has raided Leeds firm Watson Burton, poaching its banking head Andrew Gosnay. Gosnay, who launched Watson Burton’s Leeds office in 2004, leaves after senior partner Andrew Hoyle was ousted by the firm last year following opposition to his expansion plans. Pannone managing partner Joy Kingsley haspresided over a sustained […]

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