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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

Bakers London breaks £100m as profits jump 10 per cent

Baker & McKenzie has released provisional figures for its London office for 2005-06. They show a 9 per cent increase in revenues and a slightly higher 10.5 per cent rise in average profit per partner. Both increases are considerably below the market averages for the UK, which were reported by The Lawyer as a 13 […]

The work-life quiz ian pittaway

What do you do at weekends?A highlight is watching West Ham with my son, especially the FA Cup Final. Firm:Sacker & PartnersPosition: Senior partner Lives: St Albans Education: Hull University Career history: 1978: Joined Trower Still & Keeling as a trainee 1980: Appointed as an assistant 1981: Joined Nicholson Graham & Jones as an assistant […]

175 lawyers take silk including a record number of women

A record number of lawyers have been appointed silk in the first round of appointments for three years, with 175 new QCs informed of their awards today (18 July). A preliminary list of commercial sets shows few surprises, with most chambers winning one or two new QCs from among the bar’s most respected senior juniors. […]

2012 Olympic Games sponsor protection goes too far

Sponsors of major sporting events usually consider ‘ambush marketing’ to be one of the world’s greatest evils. Ambush marketing is a term that refers to a marketing strategy of trying to create the impression of a brand being associated with a sporting event when it’s not. Famously, Nike refused to pay the rumoured $50m (£27.2m) […]

Gibson Dunn launches UK employment practice

Gibson Dunn & Crutcher has set up a UK employment practice, scooping Ashurst employment partner James Cox for its London office. Cox specialises on the employment side of M&A deals, industrial disputes, corporate governance matters and employment issues facing private equity companies. “We are pleased to welcome James to the firm,” said Gibson Dunn managing […]

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