Eversheds real estate team of six heads to Shakespeares

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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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Dodd-Frank Act updates — monitoring the regulators’ actions

The Dodd-Frank Act provides expansive authority for regulators to define the details critical to implementing sweeping financial regulatory reforms. As events develop, DLA Piper is monitoring the regulators’ actions. Alerts include: Preparing for EMIR and Dodd-Frank: Our capabilities Growing whistleblower activity calls for close employer attention to retaliation issues With long-awaited trading rules, SEC positions […]

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Mini pupillage becomes work experience in private school auction row

The Bar Standards Board (BSB) has requested that Westminster School change the name of its mini-pupillage auction to work experience amid controversy over the sale of a work placement. The bar regulator contacted the £30,000-a -year school earlier this week after it launched a mini-pupillage auction to raise money for a new building (15 May […]

New draft anti-commercial fraud law in UAE

A new draft anti-commercial fraud law was endorsed in January 2013 by the cabinet in the UAE. The draft law is intended to replace Federal Law No 4 of 1979 concerning the suppression of fraud and deception in commercial transactions and is aimed at protecting consumers and regulating the market in the UAE. A key […]

London

A&O keeps associate salaries static after breaking trainee pay freeze

Allen & Overy has held associate pay levels at 2012/13 rates after unveiling its first increase in trainee salaries for the first time since 2010. Newly-qualified (NQ) lawyers will still earn £61,500, while associates with one year’s post-qualification experience (PQE) will receive £68,500. 2 and 3 PQE salaries remain at £74,500 and £86,000 respectively. Earlier […]

Alex Ferguson
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Freshfields’ Red Knight hails United’s ‘heir to Busby’

Freshfields Bruckhaus Deringer London chief and high-profile Red Knight Mark Rawlinson has praised outgoing Manchester United manager Alex Ferguson as a “spiritual heir to Matt Busby” who “hates losing but uses adversity as a fuel”. Writing for The Lawyer, Rawlinson has dubbed Ferguson “simply the Boss”, highlighting his ability to manage big-name players who could […]

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