China amends trademark law: practical implications for brand owners

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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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Herbert Smith

HSF partners vote for modified lockstep in remuneration overhaul

Legacy Herbert Smith partners will abandon the firms rigid eight-year lockstep in favour of a merit-based pay system following the October 2012 merger with legacy Freehills, the firm said this morning. Partners have given the go-ahead to an aligned remuneration system by opting for a hybrid model of the two previous systems run by Freehills and […]

This week’s top 15 legal briefings – 8th December 2013

It was only a 45-second outburst – and what was really said may never be established conclusively. But when a former government chief whip robustly expressed his views about cycling and closed gates to Downing Street coppers, he set in train events that led to a recent landmark decision in the Court of Appeal that […]

Autumn Statement 2013: tax summary

By Niall Murphy and Tom Wilde Chancellor George Osborne has delivered his Autumn Statement 2013. The following is a summary of the main tax points of interest with draft legislation enacting the proposed changes to be published on 10 December 2013. Corporation tax: as previously announced, the main rate for corporation tax will fall from […]

Conyers provides British Virgin Islands advice to Atlantis on syndicated loan

Conyers Dill & Pearman has provided BVI advice to Atlantis The Palm and Atlantis The Palm Holding Company on an $880m (£540m) syndicated loan. Banks involved in providing the loan include Barclays, HSBC, Abu Dhabi Commercial Bank, National Bank of Abu Dhabi, Commercial Bank of Dubai, Union National Bank and Emirates NBD. Audrey Robertson and […]

Weil Gotshal to defend £10m professional negligence claim

It’s not clear how Weil Gotshal & Manges feels about author William Boyd but ‘The Ice Cream Wars’ probably isn’t its favourite book. The firm has been hit with a £10m professional negligence claim by private equity house Bancroft after its sweet deal with a Slovakian ice cream company turned sour. Bancroft bought a 94 […]

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