In brief: LCD seeks views on privity of contract

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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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Council ignored QC's advice

A LEADING QC’s advice to Westminster City Council was partly ignored and misrepresented when it was put before the authority’s housing committee, according to a leaked report which reveals details of a u30 million free maintenance scandal. Residents who bought council houses were not charged for major works between 1987 and 1991, internal auditors have […]

Irish Attorney takes cut

THE NEW Irish Attorney General, Dermot Gleeson, has suffered a substantial drop in salary by taking the job. As the government’s legal adviser, he will now earn IRu76,000 a year, less than a quarter of his estimated annual income as one of the sharpest minds of the Irish Bar. Gleeson, from Cork, has been involved […]

SCL Liverpool branch

The Society for Computers & Law has a new branch in Liverpool. This follows a successful society organised exhibition in the city last year. Cuff Roberts’ David Rawlinson is chair of the branch.

US partner boosts Linklaters

LONDON-BASED international practice Linklaters & Paines has appointed its first solely US-qualified partner. Stephen Thierbach, formerly a senior associate with New York practice Sullivan & Cromwell, starts work in Linklaters’ London office this week. The firm follows other UK-based international practices, such as Clifford Chance, in appointing US lawyers to handle financial work. A graduate […]

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