Frawley, Michael – Hot 100

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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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Conceicao, Carlos – Hot 100

Carlos Conceicao was promoted to head of market integrity at the Financial Services Authority (FSA) last March, at a time when the UK securities regulator was under immense pressure to speed up the investigation process and deliver results. Since then, Conceicao’s 50-strong team, part of the regulator’s enforcement division, which is responsible for insider trading […]

Beaumont and Son picks up Paris aviation boutique

Aviation specialist Beaumont and Son has sealed a takeover of Paris firm Cabinet Garnault. The Paris office will operate under the banner Beaumont Garnault, with a partnership comprising Beaumont and Son partners, plus two former Cabinet Garnault aviation partners. These three avocats and three other Cabinet Garnault legacy lawyers will not join the Beaumont and […]

Locke, Guy – Hot 100

Guy Locke has had an astonishing year. The roll call of cases he and the insolvency and corporate recovery group have handled in 2004 offers a neat summary of nearly all the key work to have taken place in this field in the last year. That work includes the Drax restructuring, advising Ernst & Young […]

Norton Rose, Wacks Caller left in the lurch by “Plumber’s” bankruptcy

Norton Rose and Wacks Caller must wait to see whether or not they can recoup debts from former client Paul Davidson, the bankrupt businessman known as ‘The Plumber’. Following proceedings brought against him by Wacks Caller, Davidson was declared bankrupt on 22 December last year, just a week after Norton Rose secured an order for […]

Soundy, Mark – Hot 100

Former Travers Smith Braithwaite partner Mark Soundy quit in June only to reappear a couple of months later in one of the biggest jobs in private equity: the right-hand man to Weil Gotshal & Manges dynamo Mike Francies. The US firm’s search for private equity talent was the worst-kept secret in the City. Francies had […]

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