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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

McGrigor Donald plans UK growth

Scotland’s largest law firm, McGrigor Donald, is on an expansion drive with joint ventures planned for the US and new offices being considered in both England and Scotland. The 55-partner firm says it has rejected several merger offers from Dibb Lupton Alsop and is planning to expand alone, its managing partner reveals. The firm is […]

Nabarros new partners down

Nabarro Nathanson has appointed half the number of internal partners compared with last year. There have only been five internal promotions to partnership in the London office, in contrast with the nine partners announced last year. In April 1998 six were appointed in the London office, two in Sheffield and one in Reading. Partner David […]

Square Mile

Newcomers to the legal profession will take the need to adapt in their stride but some of us who are already senior practitioners, including members of our judiciary, will not. Experience, one of the hallmarks of a worthwhile senior lawyer, will not be enough in times when the value of familiarity with established procedures is […]

Transport

Mishcon de Reya partner Grant Gordon (pictured) advised vehicle managers Minorplanet Systems on revising its option arrangements with GE Capital. Total options have an estimated value of u15m. Neil Vickers of Denton Hall advised GE Capital. Grant Gordon and assistant solicitor Clare Adams also advised Minorplanet on its strategic alliance with Integrated Transport Information Services […]

Davis Polk plans London expansion

Davis Polk & Wardwell, one of Wall Street’s largest US firms is expanding its London practice after it moves to new buildings in the City. The firm, which has been based in 1 Frederick’s Place for the last 12 years, will move into 99 Gresham Street in the autumn. Keith Kearney, managing partner of the […]

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