International lawyers' group to act against MDP threat

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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

Andrew Clay on making taking trade secrets a criminal offence. Andrew Clay is a partner at Hammond Suddards in Leeds.

The Law Commission’s recently published proposals to make the taking of trade secrets a criminal offence deserves a warm welcome. At present, taking trade secrets is not a criminal offence because mere information, however sensitive, can not constitute property for the purposes of s.1(1) of the Theft Act 1968. This frequently leads to the ludicrous […]

Garretts partner advises on controversial buy-back deal

Garretts’ Leeds corporate partner Roland Todd has advised Alternative Investment Market-listed company Gartland Whalley & Barker on arranging a unique and controversial compulsory buy-back from investors with less than 50 shares. Garretts helped the company float in September 1996 with a reverse takeover of Select Industries. But the value of Select Industries’ shares had declined […]

Benson slams paparazzi

Mohamed Al Fayed’s UK legal adviser Stuart Benson has attacked the tactics used by the paparazzi after travelling to Paris to help Al Fayed’s French legal team following the death of Diana, Princess of Wales, and Dodi Fayed. Benson, who has been advising Fayed since he left Dibb Lupton Alsop, flew to Paris several times […]

Flotations

Jerrard Saunders Donn acted for STG Holdings on their recent introduction to the Ofex market and a two for five placing with clawback.

In brief: OSS to probe lawyer's 'silly cow' comment

Arnold Rosen, a London solicitor who allegedly told a client that a clerk at a Weston-super-Mare Magistrates’ Court was a “silly cow”, is being investigated by the Office for the Supervision of Solicitors after he was reported by a policeman who overheard his comment.

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