Homes Communities Agency plans cost-cutting panel review

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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

Competition Commission audit reforms — not as strict as first anticipated

The Competition Commission (CC) has been concerned about the lack of competition in the audit market for some time. It reports that this lack is due to factors that inhibit companies from switching auditors and the incentives auditors are having to focus on satisfying management rather than shareholder needs. The CC Final Report (published on 25 […]

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Freeth Cartwright confirms Leeds opening

Freeth Cartwright has announced the opening of a Leeds office, some six months after first looking at expanding into the city. The firm’s Leeds base will open on 6 January 2014, led by corporate defence head Paul Burnley. Burnley joined the firm earlier this year from DLA Piper’s Sheffield office. He will work alongside litigator […]

mayfair

The Guinea Grill, Mayfair

Brecher managing partner Nicky Richmond is craving comfort food as the year draws to an end, and finds some of it at the Guinea Grill. By the end of the year, when I’m work-knackered and even more crabby than usual, I crave the warm fug of a cosy room, lots of dark wood, tartan carpet […]

No5 Chambers’ Emma Edhem receives recognition from Eduplus in Turkey

No5 Chambers’ Emma Edhem has received an award from Eduplus in Turkey for leadership in her field. The summit was held in Istanbul on 28 November. Previous winners include various high-ranking chief executive officers of major corporations and the head of the Investment Agency for Turkey in the UK. Edhem delivered a speech after receiving […]

UK FATCA update — Bermuda

The UK government announced late last year that it would seek to make arrangements for the automatic exchange of information with its overseas territories. The UK’s legislation is modelled after and applies similar information sharing techniques to those incorporated in the US Foreign Account Tax Compliance Act (FATCA); such arrangements have come to be known as […]

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