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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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CMS makes up 47 new partners in first post-merger round

CMS Cameron McKenna Nabarro Olswang has promoted eighteen women to partnership in the firm’s first promotions round since the three-way merger last year. Women represented 38 per cent of the entire cohort, with new additions in 11 of the firm’s 23 offices. The firm’s 47-strong promotions round strengthened 11 different practice areas, with corporate and commercial […]

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Rosenblatt launches bid to become fourth law firm to go public

Litigation outfit Rosenblatt Solicitors looks set to follow in the footsteps of Gateley, Keystone and Gordon Dadds, announcing plans today to list on the London Stock Exchange. The firm, which has long signalled its intention to go public, has not yet offered any clues as to the funds it expects to raise through the listing […]

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Latham elections: A guide to the candidates

Latham & Watkins’ shortlist of candidates to replace former chair Bill Voge spans four offices and six practice areas and includes two female representatives. But have they got what it takes to lead the world’s biggest law firm? Of particular interest is Los Angeles managing partner Jeff Greenberg, who lost out to Voge in 2014. […]

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Eight firms win EDF panel spots as roster drops 50%

Energy company EDF Energy has completed its panel review, cutting its roster down by nearly 50 per cent to eight firms. Freshly-merged firms Bryan Cave Leighton Paisner (BCLP) and CMS Cameron McKenna Nabarro Olswang are new additions to the panel, The Lawyer can reveal. When the wheels of the review were still in rotation, BCLP […]

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