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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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Mergers give birth to 'superfirms'

THE MERGER between Nabarro Nathanson and Turner Kenneth Brown has finally gone through, creating a commercial London-based firm of 128 partners and 370 other fee-earners and putting it at number 10 in The Lawyer Top 100. Nabarros brings 107 partners and 295 fee-earners and TKB contributes 21 partners and 75 fee-earners. The new firm, called […]

Aviation expert flies to Paris

EX-WATSON Farley & Williams partner Deborah Clark has been appointed as a partner in the Paris office of Norton Rose. Clark, an aviation specialist, came over as a lateral hire at the end of March and was among six solicitors made up to partnership earlier this month. A former barrister she practised as a criminal […]

Software puts papers on Internet

ILFORD-based IMYJS, the document imaging specialist, has announced a facility enabling its R/KYV system to publish documents on the Internet. The ‘publisher and viewer’ software allows the pages to be read internally or externally without having to gain access to the main imaging system, says Bill Cannings, managing director of IMYJS. Firms can use the […]

Pro Bono Work

The increasing emphasis on commercial law in the Legal Practice Course may make it difficult for trainee solicitors in City firms to undertake pro bono work in law centres. “The new course is more focused towards City law firms,” comments one, adding that new trainees need to receive some training in family law, crime and […]

Catching up with Europe

Each year as the ties between the European Union’s member states strengthen, lawyers are being asked to increase their knowledge of legislation coming out of the continent. But now, as the Law Society prepares to introduce a new European element to legal training, some people are questioning whether the education system is adequate in preparing […]

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