HMRC salaried partner tax proposals slammed ahead of 6 April deadline

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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

Federal agencies adopt final Volcker Rule and extend conformance period

Federal regulators have voted to approve the ‘Volcker Rule’, more than two years after the rule’s proposal in 2011. The Fed, FDIC, OCC, CFTC and SEC issued adopting releases and jointly approved a final rule that generally includes tougher restrictions on banking entities’ proprietary trading activities than those proposed in 2011, but expands the types […]

CMS takes Dundas after “fastest vote in history”

If the legal market had its own Guinness Book of Records, tiny donkeys and dogs on ropes tight would be replaced with speedy takeover votes and the greatest-ever number of merger chats. Sadly it only exists in our anorak heads, but it looks like partners at CMS Cameron McKenna and Dundas & Wilson are fishing […]

3

Eversheds elects Paul Smith as chairman as Heaps stands down

Eversheds litigation partner Paul Smith has been elected as the firm’s new chairman, beating corporate partner Robert Pitcher in a partnership vote last week. Smith will take up the role on the 1 May 2014 and hold the position for four years. Current chairman John Heaps did not stand for re-election. Smith was the client […]

London

Weil left with one City tax partner as Ropes picks up tax ace Brenda Coleman

Weil Gotshal & Manges has been left with one tax partner in London after Ropes & Gray hired its star tax partner Brenda Coleman. Coleman will take up her new role on Monday (16 December) after five years at the firm, which she joined in 2008 from Allen & Overy (A&O). She spent 11 years […]

Singapore

Asia moves: 16 December

All the latest partner hires and other appointments within firms and offices in the Asia Pacific region. Australia Herbert Smith Freehills has promoted three lawyers to partner in its employment, pensions and incentives (EPI) practice in Sydney. The new partners are Michael Gonski, Sonia Millen and Drew Pearson. Gonski focuses on senior executive issues, the […]

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