Freshfields strikes mega-alliance deal

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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

'No win, no fee' reforms set for April

Lord Irvine says the reforms will ensure that legal costs will not eat into compensation pay outs and it would be easier to bring a case which did not involve a money claim. Under current arrangements, litigants are deterred from using the ‘no win, no fee’ process because the uplifted legal fees demanded by lawyers […]

The Firm

Downloaded from The Firm’s new interactive internet chatroom Pratchard: So wot are wee suposed to do in hear? Stop. Henderson: Jack, it’s an internet chatroom – following on from Allen & Overy’s Newchange and Clifford Chance’s Fruit Net. It allows us a forum to exchange ideas and documents with counsel, clients and each other. Pratchard: […]

Alan Morris

Claire Smith meets the new global head of communications at Landwell, Alan Morris, who, as a non-lawyer, had run out of career options at Simmons & Simmons. The appointment to global head of operations at Landwell is a big challenge for the former managing director of Simmons & Simmons, Alan Morris. He will be charged […]

UK group's true feelings on MDPs

I write as head of the UK delegation to the CCBE and refer to your article ‘Defiance or Alliance’ (The Lawyer, 10 January). In particular, that portion which isolates the position on Europe, under that name, is in error where it states that the CCBE’s vote in favour of a ban on MDPs was unanimous, […]

Financing

Stephenson Harwood acted for The Royal Bank of Scotland in relation to a £70m loan which financed the acquisition of a portfolio acquired by Friends First UK Commercial Property. Richard Light

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