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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

Real estate deals round-up

Clifford Chance (Cliff McAuley), DJ Freeman and KSB Law advised Warner Estate Holdings on a 50-50 joint venture with Bank of Scotland Corporate Banking on the formation of the Agora Shopping Centre Fund, valued at £223m. Bank of Scotland advised by Stephenson Harwood. Freshfields Bruckhaus Deringer (Geoff Le Pard) advised Airport Industrial on the purchase […]

Clyde & Co-Kendall talks folded over lease

Problems with lease obligations were at the centre of failed talks between Clyde & Co and soon-to-be-launched niche firm Kendall Freeman. A source close to Clyde & Co said that the negotiations fell down due to lease obligations on the buildings occupied by DJ Freeman. Of those properties, 43 Fetter Lane is understood to have […]

Suffer dude

It’s not just a fine game of football that Holman Fenwick & Willan lawyers get to watch from their executive box in the North Stands of White Hart Lane, the home of Tottenham Hotspur – they also get a good laugh out of watching their arch Ince & Co shipping litigation rival and Spurs season […]

Lennox Lewis ruling rings in changes for foreign litigants

The ruling in a case brou-ght by Lennox Lewis means foreign litigants have a much greater chance of having their overseas damages awards being enforced in the UK. Previously, the UK’s Protection of Trading Interests Act 1980 (PTIA) prevented the enforcement of a foreign judgment containing a multiple damages award. Such awards, in which the […]

Separated at birth

While a revival in results and a worthy League Cup win over Alex Ferguson’s (the subject of Separated at Birth a fortnight ago) Manchester United must have relieved some of the pressure on Liverpool boss Gerard Houllier, Tulkinghorn was surprised when the manager of the UK’s most successful football club was recently appointed chairman of […]

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