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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

Forte's loss proves Lovells' success

LOVELL White Durrant’s reputation for hostile bid work will be further enhanced by its client Granada’s successful £3.9 billion bid for Forte. A merger of Forte’s in-house functions could also spell a job change for its legal director David Stevens, appointed to the newly-created post less than a year ago. Granada sources suggest the job […]

When the personal touch works

A recent High Court £1.425 million medical negligence settlement attracted little media attention but probably rates as one of the most moving cases of its kind to reach the courts. Holly Williams, the 14-year-old at the centre of the action, was left grievously disabled after suffering oxygen starvation at birth. She was initially still-born following […]

Denmark calling

I note attempts are being made by the Bar to allow on-line access to UK statute law and statutory material (The Lawyer 9 January, ‘Bar calls for on-line statute law’). A big problem is, of course, the question of Crown copyright. On the continent, statute law is public material, the thinking being that citizens should […]

In brief: Property appointment at McKenna & Co

City firm McKenna & Co has appointed Robin Nott from Herbert Smith as an intellectual property partner. Nott was a partner at Herbert Smith for 15 years and is qualified as both a solicitor and a patent agent. McKennas reputation for intellectual property goes back to the origins of the firm, whose founder Theodore McKenna […]

Group puts case for threatened receivers

NICHOLSON Graham & Jones partner Andrew Besser is legal adviser to a new group pressing the case for non administrative receivers, currently unprotected by insolvency legislation. The Non-Administrative Receivers Association (Nara) will represent those receivers who handle insolvency of property assets under fixed charges and are not regarded by law as administrative receivers. These professionals, […]

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