DWS pulls plug on Gibraltar operation

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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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Eversheds sets its sights on Europe with radical management overhaul

Eversheds has appointed its first managing partner and overhauled its entire senior management in a dramatic bid to increase the firm’s international reach. As part of the shake-up, effective from 1 May, London managing partner Michael Brown will relocate to Paris to take up a new European managing partner role. Real estate head Cornelius Medvei […]

Bedell Cristin continues growth with Guernsey launch

Jersey firm Bedell Cristin will launch its fifth office when its opens in Guernsey in April. The new operation will be headed by corporate specialist Mark Helyar, who joins from local firm Babbe Le Pelley Tostevin. It will focus on financial services including banking, corporate finance, securities and investment funds. Richard Gerwat, managing partner of […]

Hogan picks board election candidates

The nominations for Hogan & Hartson’s first contested election in recent years for places on its executive committee closed last week, with the vote scheduled for next Monday (13 February). Three partners are standing for the two places on the Washington DC firm’s board. In previous years, partners standing for the three-year positions have been […]

Anthony Robinson: Commission for Racial Equality

The fight for equal treatment for all is a constant battle and one that the Commission for Racial Equality is hell-bent on winning. Joanne Harris reports The CRE is a public body funded by the Home Office, but it is independent of the Government. Established 30 years ago, its aims are threefold: to work towards […]

Losses mount at Winston as Bostrom joins Freddie Mac

Winston & Strawn has lost its banking and finance rainmaker Robert Bostrom to Freddie Mac. Bostrom joins the US mortgage lender as its new executive vice president and general counsel. The loss of Bostrom follows the defection of Winston’s former head of projects Chris McIsaac to Clifford Chance (CC) last week. The move reunites McIsaac […]

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