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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

Flotation

Rosenblatt acted for The Sanctuary Group on its completion of a placing and a £10m open offer on the Official List of the London Stock Exchange. Investec Henderson Crosthwaite Securities acted as brokers on the deal. Ian Rosenblatt

Dibb Lupton Alsop to merge with Scots firm

Dibb Lupton Alsop is cementing a deal with Scottish law firm Bird Semple, to become the first English firm to enter an Anglo-Scottish merger. Plans to merge are set to be concluded before the end of the year. A Scottish source says: “Bird Semple staff have been told that the merger plans should be finalised […]

Authorities test the UK's waterways

Roger Pearson reports on the British Waterways Board’s failed High Court fight against water being discharged into its canal. The High Court has ruled against the British Waterways Board (BWB) in a test case likely to have major implications for water authorities and owners of riparian rights. The case was one which has been watched […]

Hamilton takes on Fayed

What is being billed as the last major libel action of the millennium is scheduled to start today (Monday). Former Tory MP Neil Hamilton is suing Harrods boss, Mohammed Al Fayed over cash-for-questions allegations said to have destroyed Hamilton’s political career. The way for the action was paved by the Law Lords when they ruled […]

Norton Rose re-elects Lewis

Norton Rose has opted to maintain the status quo and have voted in senior partner, David Lewis for a second three-year term. Lewis’s re-election, which was uncontested, follows the recent agreement within the firm to give managing partner, Roger Birkby a third crack of the whip. A mergers and acquisitions lawyer, Lewis will continue to […]

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