DEAL OF THE WEEK – Sinopec

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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

Camerons loses seven partners from Warsaw

CMS Cameron McKenna’s Warsaw office is reeling from the loss of seven partners within a single month, with associate departures expected in the coming weeks. Lovells is taking six in its latest move towards European expansion only three weeks after it took on two White & Case Frankfurt partners (The Lawyer, 16 October). Lovells’ haul […]

Lord Bingham defends judges secrecy

In what could be construed as a side swipe against the Law Society which has boycotted the secret soundings, Lord Bingham said a system which delivers such a high quality product “cannot be nearly as defective as its critics suggest”. The Law Society has dismissed the secret soundings system as an “old boys network” which […]

One King’s Bench

One King’s Bench Walk (Anthony Hacking QC) has taken on six new tenants: Sara Staite from 2 Harcourt Buildings (Roger Henderson QC); Neil Mercer from Mitre Court Chambers; Janet Waddicor from One Crown Office Row (Robert Seabrook QC); and Charles Howard QC from the now defunct New Court Chambers. Stephen Wildblood QC of Albion Chambers […]

Technology, Media and telecoms

Global share offering of Dutch biomedical company IsoTis. IsoTis advised by Stibbe Simont Monahan Duhot. Global coordinator and bookrunner UBS Warburg advised by Allen & Overy (Alexander Cohen).

Deacons team quits to join PwC Legal’s employment law group

Top 10 Australian firm Deacons has been rocked by the departure of its national head of workplace relations, along with his team and a number of clients. Ross Levin is quitting to join Pricewaterhouse Coopers Legal as a partner in the employment law group. The four-strong team will be based in the Melbourne office. Levin, […]

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