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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

Lawyers prepare for TUC role

LAWYERS set off to Blackpool at the weekend to take part in John Monks’ new-look TUC conference. TUC solicitors Russell Jones & Walker, represented by managing partner John Webber and partner Fraser Whitehead, will advise on the legality of conference motions and decisions. Whitehead says: “We will be there in our official capacity as TUC […]

Charities seek legal advice over EU debts

UK CHARITIES are to take legal advice in a bid to recover millions of pounds of debt from the European Union. Their efforts coincide with a European Commission condemnation of late payments by European businesses. The charities are having to borrow money from the Trustee Savings Bank at one per cent above base rate to […]

Microsoft on the case for legal market

Simon Rogers reports US giant Microsoft is to target the UK legal market. Next year a number of products, as yet unannounced, will be launched. They have been designed specifically for UK lawyers, rather than adapted from US software. The move is significant as it is the first time a worldwide IT supplier has targeted […]

Financings

National Coal Supply Corporation of Israel

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