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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

Will county court bailiffs fail to collect?

With limited enforcement options and a lack of resources, county court bailiffs can only look forward to increased pressures as recession looms, writes Philip Evans. Philip Evans is secretary to the Certificated Bailiffs Association of England and Wales. Debt recovery is always a sensitive subject, but with a global economic downturn on the horizon and […]

In brief: Law Soc working party reports back on SIF

Law Society council member John Appleby is to unveil his working party’s report into the crisis facing the Solicitors Indemnity Fund (SIF) this Tuesday. As reported in The Lawyer, 9 December, Appleby wants to divide SIF into six separate funds, covering different areas of the law depending how risky the work is. However, The Lawyer […]

Straw ponders clean slate for murderers

Murderers, arsonists and armed robbers could have their criminal records wiped clean under proposals being considered by the Home Secretary, Jack Straw. Straw is considering setting up a Criminal Records Tribunal which would decide whether convicted felons, excluding sex offenders, warrant a second chance with a clean slate. Paul Cavardino, a policy director at the […]

Keeping up with US office politics

Richard Tyler talks to a leading US employment lawyer who warns that UK firms must toe the American legal line If the philandering US president, Bill clinton, had been running a company rather than a country, he would have been thrown out long ago, according to Philip Berkowitz, employment litigation partner at US firm Epstein […]

Clinton adviser to front Internet summit

PRESIDENT Clinton’s Internet adviser will be a key speaker at a summit on future regulation of the Internet to be held in London next week. US domestic policy development adviser Ira Magaziner will outline the US government’s position on electronic commerce and reform of the domain name system at the ‘Internet Executive Summit’ at Westminster’s […]

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