HMRC squeezes more inheritance tax from middle classes

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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

Electrocomponents launches panel review

Electronic components supplier Electrocomponents has launched a full panel review after announcing that Linklaters has been handed the role of lead corporate adviser. Linklaters came through in a four-way pitch between Freshfields Bruckhaus Deringer, Ashurst and Clifford Chance. Electrocomponents is now kicking off a second tender, to find law firms for its general commercial, IP, […]

Firm profile: Warners

Kent-based Warners Solicitors can trace its foundations back to 1785 – the age of Mozart, Napoleon and Benjamin Franklin. Chairman: Bill WassTurnover: £5.8mTotal number of partners: 17Total number of lawyers: 59Main practice areas: Private client, commercial propertyKey clients: The Children’s Mutual, Tonbridge School, West Ham United FCNumber of offices: TwoMain office: Tonbridge, Kent Kent-based Warners […]

CFI’s in-house privilege ruling lambasted

Last week (17 September) Europe’s second highest court, the Court of First Instance (CFI), ruled against Akzo Nobel in the case of Akzo Nobel Chemicals Ltd and Akcros Chemicals Ltd v European Commission (www.thelawyer. com, 17 September). The decision reaffirmed the conclusions reached in the case of AM&S Europe v Commission of the European Communities […]

Techno probe

A recent Competition Commission probe highlights the importance of making the right decision on which review technology to choose. By Alex Dunstan-Lee Once upon a time documents were in a paper file in someone’s filing cabinet, and limited primarily to letters, faxes and meeting notes. But now they are more likely to be in a […]

Regional firms dine out on Symington’s buy-in

Addleshaw Goddard, Hammonds, Pinsent Masons and Linklaters have all benefited from one of the smaller private equity deals being announced in the regions, despite the credit crunch. The four firms scored lead roles on the £40m buy-in of food manufacturer Symington’s by a management team backed by fund manager Hermes. Symington’s is home to celebrity […]

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