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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

Matrix becomes first set to use paralegals

In what is believed to be the first move of its kind, Matrix Chambers is to employ paralegals. The first paralegal, law student Anjoli Singh, has already been recruited and will join the set in October to work on a major piece of international litigation that will be heard in the International Court of Justice. […]

Nicholson Graham hires ISL counsel

Nicholson Graham & Jones is taking on the former senior legal counsel at ISL Worldwide as a partner in its cross-departmental sports group. Jay Gillman-Wells, who was also head of ISL’s internet and new media division, will develop exploitation of television and media rights with the intention of creating a one-stop-shop in the firm for […]

Irwin Mitchell loses top partner to regional rival

Leading partner Hugo Stephens is quitting Irwin Mitchell for a new home at regional rival Pinsent Curtis. Stephens and his five-strong team will join Pinsents’ major projects group – one of the eight markets the national firm recently earmarked to become core practice areas. The departures are a blow to Irwin Mitchell, one of the […]

Isaacs leaves 4-5 Gray’s Inn for 3-4 South Square

Top silk Stuart Isaacs QC is leaving 4-5 Gray’s Inn Square following the failed merger with Monckton Chambers. Two juniors at the chambers are also leaving but the set has tempted in a senior junior from Fountain Court. Leading commercial and European silk Isaacs is quitting after 22 years to join 3-4 South Square on […]

Morgan Lewis loses partner to e-company

Morgan Lewis & Bockius partner John Parker has left the business and finance department to join a new management team at new media and e-commerce company AirClic. Parker joins as executive vice president of business development and legal at the company. He says: “I was working with AirClic as its outside counsel. It is a […]

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