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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

Bermuda fraud hearing costing u100,000 a day

A fraud case in Bermuda is believed to be costing u100,000 a day, making it possibly the most expensive case in Commonwealth legal history. Sources close to the Bermuda Fire & Marine Insurance fraud litigation on the island are astonished at the mounting costs. The case, which began in May and is expected to last […]

Gilbert's risky strategy

Paul Gilbert was poached from a booming plc to a struggling insurance house because, he says, he is seeking a new challenge. And from his new in-house role he is warning firms that they must start proving their worth. The former head of legal at Cheltenham & Gloucester (C&G) was appointed company secretary and head […]

Partners quit as Scots merger creates top five law company

Leading Scottish firms are facing a serious challenge to their domination of the legal market following a merger which has created the fourth largest practice north of the border. Bishop and Robertson Chalmers, based in Glasgow, has merged with Alex Morison & Co, based in Edinburgh, to create Morison Bishop. The merged firm’s combined total […]

Publisher fights for costs

Publisher David Elias is heading for a High Court confrontation with Paul Brookes Architects in a battle over a listed building in west London. Elias, represented by West End firm Jeffrey Green Russell, claims that work on an extension at the property in Neville Street, Kensington, was carried out in breach of the terms of […]

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