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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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Osborne Clarke, Burges Salmon in speedy Tyntesfield sale

Osborne Clarke and Burges Salmon were asked to think quickly and bring a speedy close to the sale of the ‘fairytale’ Tyntesfield Estate to the National Trust The sale of the Grade 1-listed mansion, most of its contents and 539 acres of land – including parkland, cottages and a listed farm – was completed in […]

Roving reporter

When Tulkinghorn sent young scribe Brendan Malkin up to York recently, little did either imagine it would turn into a struggle for survival. Somewhat ambitiously, Malkin planned to catch the last train home to London after dinner with the Northern Insolvency Lawyers Association, hosted by president Mark Phillips QC of 3-4 South Square. But those […]

Walkers sets up office in BVI following Barkers buy

Cayman Islands firm Walkers has launched an office in the British Virgin Islands (BVI) after taking over the territory’s corporate and international finance firm Barkers Partner Simon Pascoe will relocate from the Caymans to head the office. He will be joined by four partners and four assistants from Barkers, with additional support from Walkers’ Cayman […]

Shock departure of chief exec sparks shake-up at Radcliffes

Westminster firm RadcliffesLeBrasseur is to review its management structure after the sudden departure of chief executive Vincent Denham last week Senior partner Robert Vallings confirmed that there would be a vote in September. In the meantime he will manage the firm.The split comes less than two years after Radcliffes overhauled its management structure and introduced […]

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