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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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Barclays
1

Barclays’ head of litigation and investigations Jonathan Peddie to leave bank

Barclays’ managing director of litigation and investigations Jonathan Peddie is leaving his role at the end of February after nine years. Peddie was also global head of the recently formed financial crime legal team, which was formed following an overhaul of the bank’s legal function in June 2014. He became managing director of Barclays’ ligitation […]

Shoosmiths advises on holiday park acquisition

Shoosmiths has advised Park Holidays UK Limited on the acquisition of Broadland Sands Holiday Park and the simultaneous disposal of Riviera Bay and Landscove Holiday Parks. The Shoosmiths team advised on all aspects of the deal including providing corporate, real estate, banking and tax advice. Shoosmiths corporate partner Emma Gibson alongside corporate associate Gareth Davies […]

Money dollars
2

Mayer Brown boosts revenue by 7 per cent to $1.2bn in 2014

US firm Mayer Brown has posted a 7 per cent increase from $1.14bn to $1.2bn (£785m) in its year-end financial results. The firm’s PEP also increased by 12.8 per cent, rising from $1.3m to $1.44m in 2014. This result follows the growth trend demonstrated last year, when the firm bucked the general trend and showed […]

Deadly bull attack case: No5 Chambers lawyer represents HSE

In a health and safety prosecution concerning a dairy farm before Stafford Crown Court, Tim Pole of No5 Chambers acted for the HSE.  The company and director had on an earlier occasion pleaded guilty to health and safety offences of failing to ensure the safety of employees and failing to have a suitable risk assessment […]

Ogier associates win prizes in Jersey advocacy exams

Ogier in Jersey has announced that Katharine Marshall and Amy Galley have each been awarded two prizes for achieving the highest marks in the Jersey Advocacy exams in 2014 by The Law Society of Jersey and the Institute of Law. Katharine Marshall, senior associate in the Jersey Property law team, was awarded the Law of […]

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