Legislation for employee share schemes introduced into Parliament

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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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Bird & Bird’s China practice takes another hit

Bird & Bird has suffered another departure from its Greater China practice just a month after a six-person team quit for IP consultancy Awapatent. While that defection impacted the firm’s IP practice, with Hong Kong IP rainmaker Ai-Leen Lim among those that left , the latest departure is from the firm’s Beijing employment practice. Grace […]

Washington DC

NSA general counsel steps down to rejoin Mayer Brown’s Washington DC office

Mayer Brown has hired US National Security Agency (NSA) general counsel Rajesh De to lead its privacy and security practice from Washington DC. De is set to rejoin the firm after a six-year absence to lead Mayer Brown’s global practice focused on regulatory, government and global trade, intellectual property, litigation, financial services regulation and enforcement, […]

Mark Shepherd from Paul Hastings

Moves: 30 March 2015

Move of the week Paul Hastings has added real estate partner Mark Shepherd to its London office as a partner. Shepherd joins from DLA Piper , where he was a legal director for nine months. Prior to that, he was at legacy SJ Berwin for 11 years, where his last role was as senior associate. […]

LGBT LGB gay diversity Gherkin

Cooley London hiring spree continues with Reed Smith life sciences rainmakers

Cooley has hired Reed Smith life sciences partners John Wilkinson and Nicola Maguire to join its London office as partners. Wilkinson has been a partner at Reed Smith for nine years since joining from Bird & Bird in 2005, where he was head of the firm’s international life sciences group. His practice involves representing pharmaceutical […]

Vidmantas Drizga

Drizga, Vidmantas

Vidmantas Drizga is noted for his expertise in shareholders’ disputes and securities mandates. Commentators view him as “absolutely the best adviser for shareholder issues. He is a visible presence in the market.” (Chambers Europe) Drizga is noted for his expertise in shareholders’ disputes and securities mandates. Commentators view him as “absolutely the best adviser for shareholder […]

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