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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

Showdown over Bread Street votes

THE SUCCESSFUL candidate in last November’s alderman elections for the City ward of Bread Street will this week appeal against the Court of Aldermen’s refusal to ratify his election. Malcolm Matson, who won the election by 54 votes to 15, is arguing against Mr Justice Latham’s refusal to quash the decision. Nominated for alderman by […]

No going back for political president

Martin Mears talks to John Malpas about his opening moves at the Law Society’s helm “OF COURSE I’ll stick to my manifesto,” exclaims Martin Mears indignantly when it is suggested he may drop his radical agenda in exchange for a quiet life. The timing of his elevation to the presidency, just before the traditional summer […]

In brief: Westminster University sets up law centre

A new Centre for the Study of Law, Society and Popular Culture is being established by the University of Westminster School of Law. Funded by the university, the centre will aim “to establish a thriving centre of academic excellence in both teaching and research within a multi-disciplinary context” and “to promote the study of the […]

SFO clocks up 72 cases in one year

THE SERIOUS Fraud Office worked on a total of 72 cases during the year from 5 April 1994 to 4 April 1995, says its annual report. Thirteen trials were concluded resulting in the conviction of 16 individuals and 15 defendants were acquitted. The workload was dominated by fraud on banks, financial institutions, and on creditors […]

Firm ups its stakes in venture capital

MANCHESTER firm Addleshaw Sons & Latham has set up a pioneering unit to strengthen its expertise in the venture capital market. The section, headed by new partner Darryl Cooke, is one of only a handful of specialist venture capital units in the country. It will concentrate on advising both capital companies and their clients during […]

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