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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 […]

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DWS keen on Milton Keynes

Denton Wilde Sapte has signed up to move into swanky new offices in Milton Keynes, with senior management saying the firm wants to launch a finance and corporate practice to compete with regional firms. Milton Keynes managing partner David Risbridger said the team is expanding fast in the real estate sector and there are great […]

Speechly growth necessitates office shift

Speechly Bircham is moving to new offices at 6 New Street Square, New Fetter Lane next summer. The firm has grown by 50 per cent in both turnover and fee-earner numbers over the past three years. The firm exchanged contracts with Land Securities, which was advised by Nabarro, on 20 July. Speechly was advised by […]

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Peter Fleischer: Google

Google’s global privacy counsel Peter Fleischer is on a crusade to uphold the company’s stance against governments breaching users’ right to privacy. By Malar Velaigam Internet giant Google is famous for several reasons: its highly popular search engine, its unorthodox organisation structure and its big acquisitions, such as the purchase of YouTube last October. But […]

Freshfields boosts German associate salaries

Junior associates at Freshfields Bruckhaus Deringer‘s German arm will be some of the best paid in the country once a salary boost of €10,000 (£6,800) kicks in this autumn. As first revealed by German publication Juve, the magic circle firm has increased its base salary for associates to between €90,000 (£61,000) and €100,000 (£68,000) from […]

Crutes targets North East rivals with director swoop

North East firm Crutes has appointed its first-ever commercial director in chartered accountant Tim Robinson. Robinson joins the firm from £400m North East-based specialist vehicle and engineering business Tanfield Group, where he was finance director. He is charged with expanding the firm’s service offering from its current portfolio of litigation, insurance and public sector work […]

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