A signed original? Gordon Ramsay and signature writing machines

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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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New York

Financial performance at US headquartered global firms outstrips that of domestic rivals

Analysis of financial results for 2014 has revealed that global firms headquartered in the US are outperforming more domestically-focused rivals – although smaller firms are closing the performance gap.  Research carried out by Citi Private Bank, with responses from 149 US firms, showed that average net income grew by 6 per cent in 2014, whereas profit […]

newspapers

News Corp deputy general counsel David Pitofsky promoted to top job

News Corp has named deputy general counsel David Pitofsky as its new general counsel and chief compliance officer. Pitofsky replaces 21st Century Fox general counsel and chief compliance officer Gerson Zweifach, who was appointed as interim general counsel of News Corp in June 2013 when the media business split off from its parent.  Zweifach will […]

Blow for Law Society as High Court throws out judicial review into legal aid

Today’s High Court decision to uphold the Lord Chancellor’s criminal legal aid reforms following a judicial review is disappointing news for the Law Society, which has vowed to take its fight against criminal legal aid cuts to the Court of Appeal. Law Society president Andrew Caplen said the judgment had a “concerning potential effect upon […]

Lloyd's of London
1

BLM senior partner Mike Brown re-elected to oversee international expansion strategy

BLM’s 200 partners have unanimously reappointed senior partner Mike Brown to the role or a second three-year term. As senior partner Brown is in charge of leadership, development and promotions at the firm. He is also chair of the firm’s executive and partnership boards and leads BLM’s strategy and policy as well as heading up […]

Kirkland at centre of lateral moves market with Linklaters’ Elliott hire

There is no end in sight for the current round of UK heavy hitters jumping ship for US rivals, with Linklaters’ real estate M&A practice head Matthew Elliott becoming the latest departee. As revealed by The Lawyer today, Elliot is joining Kirkland & Ellis, the firm that has contributed disproportionately to the current lateral hiring […]

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