Davis steps down as KWMSJB London corporate head amid reshuffle

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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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DLA Piper advises Safestyle UK on £77m placing on London’s AIM market

DLA Piper has advised Safestyle UK, a retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, on a £77m placing on London’s AIM market. The company has grown since its founding in 1992 to become the largest company in the UK homeowner window and door replacement market, manufacturing 232,000 frames in […]

Cayman Islands signs FATCA agreement with US

On 29 November, the US and the Cayman Islands signed a ‘Model 1’ intergovernmental agreement (IGA) on the Foreign Account Tax Compliance Act (FATCA). The US considers this IGA already to be in effect, despite the need for implementing measures in the Cayman Islands. This IGA is the second such agreement with a country that is […]

Nestlé v Cadbury: registering a colour as a trademark

 By Ellie Bowker On 4 October 2013 the Court of Appeal decision in Nestlé’s challenge to Cadbury’s registration of a shade of purple as a trademark for its chocolate products gave careful consideration to the application of Article 2 of the Trade Marks Directive 2008/95/EC. The registration of trademarks in the UK is governed by […]

Moscow

BLP raids Akin Gump for two-partner Moscow team

Berwin Leighton Paisner (BLP) has raided Akin Gump in Moscow for a two-partner real estate team to bolster its practice in Russia. Akin Gump real estate head Vladislav Sourkov and former colleagues, counsel Rustam Aliev and senior associate Dmitry Maltsev, will join the firm in January. Aliev and Sourkov will both join the firm as partners. Sourkov […]

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