CC to plug funds practice gap

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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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Essex Court barrister seals victory for JPMorgan in mistaken salary claim

Essex Court Chambers’ Charles Ciumei has scored a High Court victory for JPMorgan & Chase after the bank escaped being forced to pay £580,000 to a trader after it inflated his salary by missing a decimal point in his contract. Ciumei was instructed by Allen & Overy partner Stefan Martin to defend the claim, which […]

Sweden’s Magnusson to launch Tallinn base

Swedish firm Magnusson has hired a duo of Estonian partners to continue its expansion into the Baltic region. The firm opens an office in Tallinn next week (2 April), led by partners Siim Mägi and Indrek Veso, who join from local firms Glikman & Partners and Veso & Partners respectively. The move follows Magnusson’s expansion […]

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Landmark barrister defeats appeal over Dale Farm evictions

Basildon Borough Council’s in-house lawyers have successfully defended the latest Dale Farm legal action in the Court of Appeal. The authority instructed Landmark Chambers barrister Galina Ward, who persuaded appeal judges Sir Andrew Morritt and Lord Justices Patten and Pitchford that her client had not acted unreasonably or unlawfully in the eviction row over the […]

Eddie Ryan
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Co-op Legal Services first to launch as an ABS

Co-operative Legal Services (CLS), Oxford-based John Welch and Stammers and Kent-based Lawbridge Solicitors have become the first alternative business structures (ABS) to be approved by the Solicitors Regulation Authority (SRA). CLS has long been vocal about its ambitions to convert to an ABS. The retail giant established CLS in 2006 with a view to converting […]

reinsurance heavyweight Clive O'Connell

Moves: 26 March 2012

US firm Goldberg Segalla is to launch in London next month after hiring reinsurance heavyweight Clive O’Connell.  Move of the week O’Connell formerly headed Barlow Lyde & Gilbert’s commercial risk and reinsurance practice, but left the firm in November last year following its merger with Clyde & Co. He will lead Goldberg Segalla’s London […]

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