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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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Misys chief of staff and ex-GC: what you can learn from the Big Four

Misys chief of staff Tom Kilroy says lawyers have a lot to learn from their accountancy counterparts when it comes to pleasing clients. In 2011, the Big Four “accountancy” firms reported revenues of $29.2bn (PWC), $28.8bn (Deloitte), $22.9bn (E&Y), $22.7bn (KPMG). The world’s largest law firm reported revenues of $2.1 billion (Baker & McKenzie). Okay, […]

Further UK challenge to FTT possible, according to Ben Jones from Eversheds

Eversheds has commented on the rejection of the UK’s challenge to the proposed Financial Transaction Tax (FTT). Ben Jones, tax expert at the law firm, said: ‘The court’s rejection of the UK’s challenge was anticipated but, from the details currently available, should not prevent a further challenge being raised by the UK if necessary. ‘Reading […]

Anne-Karin Grill joins Schoenherr’s dispute resolution practice group as counsel

Schoenherr has announced the appointment of Anne-Karin Grill as counsel. Grill will apply her expertise in international procedural law, arbitration law and alternative dispute resolution as a member of the law firm’s dispute resolution practice group. Her activities will focus on commercial arbitration and complex multi-jurisdictional disputes. Grill earned her law degree at the University […]

No5’s Chelvan and Brownhill set to speak at The Public Law Project North Conference

No5 Chambers members S Chelvan and Ian Brownhill will be speaking at The Public Law Project North Conference 2014, which will be held in Manchester on 17 July. Chelvan will be presenting a session titled ‘A Year in Judicial Review’ and will also sit on the panel for the debate ‘How Will People Challenge Government Decisions Following the Judicial Review and Legal Aid […]

Gateley has record year of fundraising

Following a record-breaking fundraising year, Gateley has handed over a cheque for more than £1,700 to Maggie’s Nottingham Cancer Centre. The centre provides free practical, emotional and social support to people with cancer and their family and friends. Every year, each of the firm’s regional offices nominates a local charity to benefit its fundraising efforts. Fundraising for Maggie’s […]

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