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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 […]

Recommended

Beijing

China’s Zhong Lun joins employment alliance L&E Global

Chinese red circle firm Zhong Lun has signed up to employment alliance L&E Global, marking the network’s first step into the Asian markets. One of the elite China firms and a member of The Lawyer Asia Pacific 150, Zhong Lun has offices in Beijing, Shanghai, Shenzhen, Guangzhou, Wuhan, Chengdu and Hong Kong. Its employment practice, […]

Scotland

A&O, NRF, Pinsents and ShepWedd advise on funding of disputed road project

Allen & Overy (A&O), Norton Rose Fulbright, Pinsent Masons and Shepherd & Wedderburn have advised on the financing of a controversial road that will bypass the city of Aberdeen. The £745m Aberdeen Western Peripheral Route/Balmedie to Tipperty project reached financial close last week after a decade of planning and debate that included a trip to […]

Schoenherr promotes EU and competition law expert Christoph Haid to equity partner

Schoenherr has invited Christoph Haid, a partner in the firm’s EU and competition department, to join the firm’s equity partners. Haid’s practice focuses on merger control and cartel proceedings as well as competition law advice throughout the entire CEE region, where he also helps guide Schoenherr competition lawyers in their respective jurisdictions in expanding their […]

promotion

Sidley makes up 32 in promotions round with two in London

Sidley Austin has made up two lawyers to its London office in its boosted 2014 promotions round, which saw 32 lawyers added to its ranks including four in Europe.  Antitrust lawyer Patrick Harrison and finance lawyer Aparna Sehgal have both been made up in Sidley’s London office. The bulk of the promotions were in the […]

Chris Grayling
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House of Lords: Lord Chancellor does not need to be a lawyer

The House of Lords Constitution Committee has determined that the Lord Chancellor’s role does not have to be filled by a qualified lawyer, although a background in law would be “a distinct advantage”. The committee’s report on the role of the Lord Chancellor, published today (11 December), said that while the Lord Chancellor and the […]

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