Jones of Eversheds discusses Swiss decision on US tax disclosure on Bloomberg TV

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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

London

Macfarlanes and Nabarro advise on £1.7bn More London deal

Kuwaiti property company St Martins has bought the More London estate from London Bridge Holdings for an estimated £1.7bn, marking one of the UK’s largest-ever commercial property deals. The 13-acre real estate portfolio includes a number of landmark buildings around the London Bridge area, including City Hall. Other tenants include Ernst & Young, Norton Rose […]

TSB

TSB names Post Office GC as new legal head

TSB Bank has named Susan Crichton, previously the Post Office general counsel, as its first general counsel. Crichton joins the bank on 6 January 2014 and will head up the bank’s preparations for an IPO. The appointment follows the recent split of Lloyds TSB Bank. In September Lloyds Banking Group named corporate and M&A head […]

Allen & Overy advises Merck on takeover

Allen & Overy has advised German pharmaceutical and chemical group Merck on its £1.6bn takeover offer of Luxembourg-based AZ Electronics Materials. The acquisition, contingent on the approval by antitrust authorities and a minimum acceptance level of 95 per cent of the shares, will boost Merck’s offering of speciality chemicals to the electronics industry.

ashurst

Linklaters DCM partner Kucera leaves for Ashurst

Ashurst has hired Linklaters debt capital markets partner Francis Kucera, in a boost to its securities and derivatives practice. Kucera has been at Linklaters since joining as a trainee in 1989. He works primarily from the firm’s City base but is a regular visitor to its Warsaw office, where he has held the post of […]

Law Society

1,000 crime solicitors to descend on Law Society in bid to oust leadership

Beleaguered Law Society officials are braced for up to 1,000 angry criminal legal aid solicitors to swamp a special meeting in less than a fortnight’s time as the row over Chancery Lane’s leadership peaks. Proponents of a motion of no confidence in the society’s president and chief executive have organised coach convoys from at least […]

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