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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

Fasken boosts London team with Osler hire

Canadian firm Fasken Martineau has bolstered its presence in London with the hire of Canadian Jim Lisson, formerly a partner with Osler Hoskin & Harcourt. Lisson practised at Osler for 26 years, but moved to London last year and has since been acting for one of the bidders on the Canary Wharf deal. His practice […]

Perot’s advisers under pressure as in-houser joins from Hewlett-Packard

US IT services giant Perot Systems has recruited a new European general counsel from Hewlett-Packard (HP) after the previous incumbent left for rival Accenture. Former European head Derek Simpson quit for a senior legal role in Accenture’s European team, clearing the way for Robert Evans to join from HP. The appointment of Evans will place Perot’s key […]

College of Law and LSC to create Legal Aid LPC

The College of Law and the Legal Services Commission (LSC) have teamed up to create the first legal aid orientated LPC.Called the ‘public legal services pathway’, the new LPC will be available from 2005 at the college and also Cardiff Law School. The course will offer two new modules, advanced criminal litigation and housing (subject […]

The power of two

Partnerships are not just about individuals. The bigger picture is partnerships between law firms. Peter Scott assesses why so many of these alliances fail

Charter One deal secures Linklaters’ position at RBS

Linklaters has firmly demonstrated that it, rather than Freshfields Bruckhaus Deringer, is the Royal Bank of Scotland’s (RBS) first-choice plc-level adviser by closing the substantial UK elements of the bank’s latest US expansion. RBS, advised by Linklaters, closed a London-based fundraising and the £5.8bn takeover of US bank Charter One Financial earlier this month. RBS […]

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