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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 […]

Recommended

The Information Commissioner Elizabeth France

The Information Commissioner Elizabeth France has hired two new lawyers for her management team to cope with the impact of the 2000 Freedom of Information Act. Former chief executive of Oldham Council Graham Smith has been appointed Deputy Commissioner. Nicholas Tyler, who has been acting legal adviser to the Information Commissioner for the past year, […]

The personnelity

As you will have noticed over the past few weeks, we live in an age of opinion polls and focus groups. It seems that the guiding principle for New Labour is to keep everyone onside and to annoy as few as possible. And while opinion remains divided about how accurate polls are, what better way […]

Shakespeares

Shakespeares, the Midlands firm, has elected head of its personal injury department Gary Christianson (left) to managing partner. He succeeds Andrew Argyle who returns to full-time fee-earning. Christianson will hold the role for three years and will continue to handle client work. He currently bills more than £1m a year.

The Bigger Picture

UCI’s passion for turing unused sites into entertainment meccas sets it apart from the rest and with a growing number of European operations, the company’s legal department is always on the lookout for support. Naomi Rovnick reports Manchester-based United Cinemas International (UCI) builds multiplex cinemas. It does not gobble up high-street cinemas in the same […]

A View from the Cayman Islands

Where precisely do the Cayman Islands stand now that the dust has settled following the Organisation for Economic Cooperation and Development (OECD) and Financial Action Task Force (FATF) supranational initiatives on tax harmonisation and anti money laundering?`The short answer is that the legislative and regulatory amendments are sympathetic and, as a result, the Cayman Islands […]

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