In brief: Cameron McKenna to emulate alliance

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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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Tales of a student's conversion

Rugby-mad trainee Sam Rush, a new recruit at SJ Berwin & Co, tells what to expect from life in the City. Sam Rush is a trainee solicitor at London-based firm SJ Berwin & Co. A ride on the legal train is a lengthy affair even before the first stop of the the training contract. Having […]

A flawed system that just gets worse

Who loves the Law Society? asks Brian Marson. First it exposes panel solicitors to negligence claims, now a rule change may bring back separate representation About six years ago, panel solicitors found themselves receiving more and more additional mortgage instructions from lenders. They had become the target of professional negligence claims, a fact accepted in […]

Lords accuse clerks of deliberately inflating fees

Barristers’ clerks have been accused of “deliberately pitching fees at a very high level” by a House of Lords report into counsels’ fees released last week. The report follows the unprecedented hearing last June into the fees claimed by four top QCs – Michael Mansfield, Peter Feinberg, Richard Henriques and Christopher Sallon. Although the report […]

Edges and DJs profit from demise of Stones Porter

London commercial practice Stones Porter has been swallowed up by Edge & Ellison, making it the fifth small to medium-sized commercial firm to disappear in as many months. Under the deal with Edges, six of Stones Porter’s nine partners, including senior partner Hugh Edmunds, will bring their property and banking practice to the firm’s London […]

Amstrad legal ace goes to Hammonds

Amstrad’s head of legal, Richard Hastings, is to join Hammond Suddards’ London office at the end of October and is taking a $200m lawsuit with him. Hastings is organising Amstrad’s on-going legal action against US computer components company Western Digital Corporation and is likely to be kept busy until the middle of next year. Amstrad […]

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