In brief: Lawyer joins Horlick at new subsidiary

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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

In brief: Law Soc to survey views on conveyancing

Solicitors are being asked this month whether they want the Law Society to amend its regulations to restrict conveyancing solicitors in acting for both lenders and borrowers. The Law Society’s policy committee has issued a questionnaire to all firms asking them to choose between four options: leaving the rules as they are; amending them so […]

In brief: Withers expands into KPMG's property

City firm Withers has announced it is taking over two more floors of 70 Fleet Street from KPMG. The firm, based in Gough Square behind Fleet Street, previously occupied the third floor but has decided to “bank the extra space for future expansion”. Withers will pay £25 per square foot for the space with the […]

Unease in the CPS

The Government’s move to allow non-lawyers to prosecute uncontested cases in the magistrates courts has rightly received much criticism – particularly for the way the decision was announced (or rather not announced) by the Government. The First Division Association’s CPS section was understandably peeved that it was forced to go on a “paper chase” to […]

Property

Manches & Co acted for French property investor Bail Investissement, a subsidiary of ISM, on its £20m purchase of Russell Square House, occupied by accountants Kidsons Impey and Chantrey Vellacott. Walsh Lawson acted for the vendor.

In brief: Halliwells poaches rival's property lawyer

North West firm Halliwell Landau has poached Mary Thakkar from Manchester rivals Gorna & Co. Halliwells claims its property business has risen by a fifth over the past year and Thakkar’s appointment is part of an ongoing property recruitment drive. Halliwells’ head of property Geoff Marks said: “In the last couple of years the firm […]

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