Firms jostle for nuclear work

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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

Bar tackles property division

THE PROPERTY rights problems faced by unmarried cohabitants on the break-up of relationships have been highlighted by the Chancery Bar Association. At a workshop in Lincoln’s Inn, members of the association attacked the current law relating to homesharing. The session was organised by the group as its contribution to a review of the law being […]

Group wants action over small print

THE NUMBER of court actions brought over misleading “small print” in consumer contracts could escalate if a campaign by lawyers is successful. The Consumers’ Association is campaigning to make it easier for victims to seek redress through the courts. Association lawyers are challenging a government regulation which prevents anyone but the Office of Fair Trading […]

In-house adviser for global sail race

THE multi-million pound Whitbread Round the World Race has appointed its first permanent in-house legal adviser. Commercial lawyer Nicholas Campailla initially joined the Southampton-based race organisers on a six month secondment from Clifford Chance. But the scale of the workload necessitates a permanent adviser and he has been appointed legal adviser and contracts manager. His […]

Through a child's eyes

International child abduction cases have increased – 273 in the High Court in 1993 and 323 in 1994 – along with the number of countries, most recently Italy, now bound by the Hague Convention. But what does a court do when faced with a request for a return under the convention, where there are Children […]

Property

The British Land Company, advised by SJ Berwin & Co, has bought 75.5 per cent of Swiss Centre Ltd, owners of the Swiss Centre in Leicester Square, for £16m from Swiss Bank Corporation and Swissair Associated Companies, both advised by Allen & Overy.

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