US: 113th Congress comes to a close — on to tax reform

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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

Royal Mail appoints DLA Piper to legal panel

DLA Piper has been appointed to Royal Mail’s legal panel as part of its first comprehensive panel review since its listing on the London Stock Exchange in October 2013. DLA Piper was appointed to the panel alongside 11 other firms: Addleshaw Goddard, Bristows, CMS Cameron McKenna, DAC Beachcroft, Dentons, Herbert Smith Freehills, Macfarlanes, Michael Simkins, […]

Deutsche Bank

Deutsche Bank set to finalise revamped global legal panel in early 2015

Deutsche Bank’s regular global legal panel review has kicked off, and is due to come to a close early next year. The bank reviews its legal roster every two years, with the last reshuffle finalised in September 2012.  That re-jig saw firms including Allen & Overy (A&O), Ashurst, Clifford Chance, CMS, Freshfields Bruckhaus Deringer, Hogan […]

Slaughter and May

Slaughters gifts associates increased bonuses following strong 2014

Slaughter and May is set to hand out discretionary bonuses to associates, following the firm’s strong performance in 2014. The amount paid to associates has increased on last year, with lawyers at every level seeing an uptick in their bonus (2 December 2013).  Associates with up to six months PQE experience will see their bonuses […]

Shoosmiths’ national asset finance practice wins award at Leasing Life event

Shoosmiths has been named ‘Asset Finance Legal Provider of the Year’ at the Leasing Life Awards 2014. Shoosmiths partner and national head of asset finance Melanie Chell and financial services partner Stephen Dawson flew to Warsaw to collect the accolade at the Intercontinental Hotel on 27 November. An independent panel of judges assessed Shoosmiths’ national asset finance practice […]

London Norton Rose LG Shard South_Bank

Stories of the year: June puts emphasis on diversity

Sir Nigel Knowles’ claim that the legal market would soon be unrecognisable was the most read article by readers in June. Other highlights included a discussion around stress, magic circle salaries and US mergers. Clifford Chance boosts salaries, raising three-year PQE pay to £93.5k Clifford Chance boosted its three-year PQE salaries in June, beating Slaughter […]

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