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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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working hours

Employment – Winning the peace

Employment lawyers are shifting their focus to non-contentious areas as the coalition promotes conciliation On 6 April the latest in a raft of recent employment reforms was introduced, compelling prospective claimants to contact the Advisory, Conciliation and Arbitration Service (Acas) before lodging proceedings at the employment tribunal. A month into the regime, which was made […]

Qatar world cup

Qatar 2022 bid committee instruct Schillings over World Cup bribery claims

The Qatari bid committee is understood to have turned to Schillings for advice following allegations of corruption during the World Cup bidding process. The committee have denied claims of bribery linked to the World Cup, after a Sunday Times report claimed that football officials had received up to £3m to tilt the 2022 bid towards Qatar.  […]

Predicting the unpredictable

Mergers are tricky to pull off at the best of times, and sometimes there are random and unforeseen consequences. As our links below show, mergers can lead to some big names changing home, or knotty integration issues. Client scrummage begins as Dundas and CMS merger goes live Berrymans Lace Mawer scraps brand as HBM Sayers […]

Peugeot recall highlights China’s growing focus on consumer safety, says Eversheds

Peter Shervington, product liability expert at Eversheds, has commented on the latest news that Peugeot China has recalled more than 160,000 vehicles. Shervington noted that for car-makers, undertaking a consumer recall is a major step wherever it takes place — the direct costs of contacting vehicle owners, disseminating information through dealer networks and informing regulatory authorities […]

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