Burness bolsters banking team with former Lloyds in-houser

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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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Herbies man replaces Ashurst’s BHP boomerang

Like a boomerang flying through the sky, BHP Billiton legal chief David Williamson has just jumped back to Ashurst three years after moving from legacy Blake Dawson. Herbert Smith Freehills’ relationship partner for BHP, litigator Geoff Healy, will step into Williamson’s shoes in June after years advising BHP out of Freehills’ Sydney office. Did Williamson […]

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Job watch: Family law

As practice areas go, they don’t get much more emotionally demanding than family law. Unfortunately, it generally does not pay as well as corporate or banking. This fact of life tends to mean there is often a scarcity of the highest quality candidates. As Philip Jennings, a senior consultant at JLegal, puts it, “Due to […]

Simmons technology director jumps ship for Berrymans

Simmons & Simmons’ director of business transformation Abby Ewen, one of the best-known IT professionals in the UK legal market, has left the firm and joined Berrymans Lace Mawer as IT director. Ewen is best known for being one of the key drivers behind Simmons’ launch in Bristol, an office specifically set up by the […]

court of appeal

Law firms cannot be held liable for disbursement costs, rules CoA

Firms cannot automatically be held liable for costs when they have funded a claimant’s disbursements in a failed claim, the Court of Appeal has ruled. The decision, handed down by Lord Justices Mummery, Richards and Leveson yesterday, will come as a relief to claimant firms but a blow to the appellant who may now face […]

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China’s Geely installs chief counsel three years after Volvo deal

Geely Holding Group, which acquired Swedish automaker Volvo in 2010, has appointed veteran in-house lawyer Kenneth Tung as chief legal counsel to oversee all international legal affairs. Zhejiang-based Geely is one of a very few Chinese car makers that have successfully completed a major acquisition abroad. Following its $1.8bn (£1.21bn) acquisition of Volvo from Ford […]

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