Hull adds name to DWS TMT departures

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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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Glazer’s controversial MUFC bid goes to A&O

Allen & Overy (A&O) has scored a high-profile instruction from Malcolm Glazer, the Florida tycoon who is trying to take control of Manchester United FC (MUFC). However, the firm looks set to run the gauntlet of MUFC’s fans after accepting the instruction. Glazer’s proposed bid has provoked fierce opposition from fans, who last week poured […]

Inland Revenue relights the debate over legal privilege

When can disclosure be dangerous? The Revenue and lawyers are at loggerheads. By Joanne Harris Legal privilege is something that lawyers take for granted. It is a long-enshrined fact of legal practice, confirmed by the highest courts, that what you discuss with your client remains confidential. Increasingly, however, legal privilege is coming under fire. In […]

Blackstone Chambers votes in new heads

^WH¬ne Chambers has elected Ian Mill QC and Tom Beazley QC as its new heads of chambers. The duo replace Presiley Baxendale QC and Charles Flint QC after almost seven years at the helm.Mill and Beazley will hold the posts for a five-year term, wh… Blackstone Chambers has elected Ian Mill QC and Tom Beazley […]

Garnier QC leads MP group in quest to impeach the PM

One Brick Court silk and Conservative MP Edward Garnier QC is leading the charge to impeach the Prime Minister over the invasion of Iraq. Garnier is one of a cross-party group of MPs preparing the case against Tony Blair. They argue that the Prime Minister must be held to account for giving reasons for going […]

Ashurst advises competitors on Saga auction

Ashurst landed pole position on the hotly contested auction of Saga, the financial services and travel provider for the over 50s, by advising competing consortia. The City firm advised both Bank of Scotland and Lehman Brothers, which are providing financing to Platinum 400, the winning acquisition vehicle of the management team, which is supported by […]

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