Hacking firms told to take party line

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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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Veale Wasbrough loses ‘Basil Fawlty’ discrimination claims for RCGP

Veale Wasbrough Vizards associate Michael Hasley has unsuccessfully defended the Royal College of General Practitioners (RCGP) against a claim of sexual harassment and discrimination from a former employee. Claims of unfair dismissal and racial discrimination from the same former employee were not successful. The Central London Employment Tribunal heard that French porter Appadoure Basile, who […]

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Burness elicits apology from fashion retailer Zara in Harris Tweed IP dispute

Scottish firm Burness has forced retail giant Zara to apologise for misusing the Harris Tweed trademark. Earlier this year Zara’s internet trading arm ITX Fashion was selling a product on its website described, but not labelled as, a ‘Harris Tweed’ blazer. The Harris Tweed Authority (HTA) instructed Burness’ head of contentious IP practice Colin Hulme […]

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Bakers and Blackstone lead Camelot’s Gambling Commission JR bid

Baker & McKenzie and Blackstone Chambers are leading National Lottery Operator Camelot’s judicial review application against the Gambling Commission. Blackstone’s Lord Pannick QC and Kate Gallafent will seek to challenge what Camelot terms the commission’s “continued failure” to take regulatory action against Richard Desmond’s Health Lottery. Formal papers will be lodged in the High Court […]

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Former FSA conduct chief joins PwC as general counsel

The former managing director of the FSA’s conduct business unit Margaret Cole has been appointed general counsel of PricewaterhouseCoopers (PwC) UK. Cole will become a member of PwC UK’s executive board with responsibility for the office of general counsel. She will join the firm in autumn 2012 after a period of gardening leave from the […]

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