Delhi High Court upholds Centrica ruling: employee secondment may trigger permanent establishment

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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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Sydney

Allen & Overy Aussie head to leave the firm

Allen & Overy’s (A&O) Australian senior partner Grant Fuzi is to leave the firm at the end of this year, four years after he launched the magic circle firm’s offices down under. The announcement regarding Fuzi’s retirement from the firm’s partnership was made internally on Wednesday 11 June. He will remain at the firm for […]

No5 Chambers teams complete Midland & London Legal Walks for charity

No5 Chambers has raised £965 after entering teams in the Midland & London Legal Walks, which took place on 19 May. So far a total of £360 has been raised for the Midland team and £605 for the London team. Barristers and staff took part in both 10km walks to raise funds for the Midland Legal […]

Collyer Bristow’s Nick Gould speaks at Good Law workshop at the Cabinet Office

Collyer Bristow corporate law partner Nick Gould has spoken at the Cabinet Office on the subject ‘Good/bad law — a cry for common sense’. According to the firm, Gould offered a ‘no-holds barred’ insight into the impact that legislation can have on users in the ‘real world’ of business.  He provided case studies of the […]

Herbies – You’re hired! (to sue Kingsley Napley)

He is one of the UK’s most infamous bosses: hard to please, fiendishly frank and not afraid of giving anyone who disappoints him the chop. Now Lord Alan Sugar is hurling his famous catchphrase not at a group of potential business partners but at his former lawyers, Kingsley Napley. The mogul’s real estate company Amsprop […]

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