Hogan-Lovells conflicts prompt pre-merger split in Berlin

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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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BT names next legal chief as Fletcher steps down

BT group general counsel Anne Fletcher has stepped down, with former Misys general counsel Daniel Fitz poised to take over her role. Fletcher, who was with the company for 24 years, the last nine as legal chief, has decided to leave the company. A spokesperson did not confirm the reasons for Fletcher’s departure. Fitz was […]

Tulkinghorn: Wigs in space

There’s plenty of talk in law student circles about how to make your application stand out from the crowd. But young would-be lawyers at ­Sunderland University must be pulling ­Tulkinghorn’s leg with its new space law module. Apparently it is boldly going where no other law facility has gone before and exploring the potential legal […]

City firms line up for £400m Hull schools project

Addleshaw Goddard, DLA Piper, Eversheds and Pinsent Masons have advised on a £400m Building Schools for the Future (BSF) scheme in Hull. Hull BSF is a 25-year project, involving a total of seven new-build schemes and 10 remodels or ­refurbishment projects. Hull City Council was advised by Addleshaws partner Andrew Pettinger, while Eversheds partner Adrian Turner advised a consortium made […]

6

UK outsourcing challenges offshoring as firms’ favourite

Reluctance by clients to send work overseas makes firms look at alternatives closer to home Domestic outsourcing looks set to eclipse offshoring as a means of cutting legal costs, with firms’ reticence over sending work abroad proving a key driver. Data from outsourcing consultancy Fronterion reveals that 44 per cent of legal process outsourcing (LPO) […]

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Postcard from… Saudi Arabia

Living in Saudi Arabia as a lawyer means a lot of travel, because you are covering a country roughly the size of Western Europe, with its main business centres Jeddah on the Red Sea, Riyadh in the centre and Dammam on the Arabian Gulf, plus a fair number of out-of-country meetings in neighbouring Dubai and […]

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