Field Fisher advises on Thomas Pink’s India entry

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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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13

Ex Hogan Lovells partner Grierson admits £1.27m expenses fraud

Former Hogan Lovells partner Chris Grierson pleaded guilty to four counts of fraud totalling £1.27m at a plea hearing at Southwark Crown Court this morning. Grierson showed little emotion as he answered charges that he had falsely claimed £1.27m over the course of four years while practising as a top-ranked litigation partner at Hogan Lovells. Judge […]

CC to plug funds practice gap

Magic circle firm aims to boost partner count as associate ranks thin Sometimes it is not just about the partners. Clifford Chance’s investment funds practice has had a torrid year, with four partners – one a tax lawyer – quitting for Weil Gotshal & Manges last summer. Six funds associates and a tax associate then […]

Eddie Ryan
5

Co-op Legal Services first to launch as an ABS

Co-operative Legal Services (CLS), Oxford-based John Welch and Stammers and Kent-based Lawbridge Solicitors have become the first alternative business structures (ABS) to be approved by the Solicitors Regulation Authority (SRA). CLS has long been vocal about its ambitions to convert to an ABS. The retail giant established CLS in 2006 with a view to converting […]

5

Osborne Clarke repositions as European firm with local mergers

Osborne Clarke is to merge with its Spanish and Italian Alliance partners, Osborne Clarke Spain and SLA Studio Legale Associato, as it dismantles its formal European alliance with the aim of transforming into a standalone European firm. Managing partner Simon Beswick said the firm would loosen its formal alliance with Belgian-based De Wolf & Partners, […]

Georg Walderdorff

Willing and stable

Austria has weathered the economic storm well, with energy, restructuring and compliance work taking the place of big-ticket transactions The theme in the European legal market over the past year has been one of change. Law firms have merged, splintered, hired and lost partners, often at unprecedented ­levels. But one country has remained an oasis […]

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