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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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Heineken
1

DLA Piper wins Heineken principal adviser mandate

After months of speculation, brewing giant Heineken UK has confirmed DLA Piper as its principal external adviser for a three-year term. Edinburgh-based IP partner John McKinlay, alongside litigation and regulatory partner Hazel Moffat, will manage the relationship with Heineken UK.  In a statement, the firm said that it will carry out the large majority of […]

Bär & Karrer appoints Daniel Leu as partner

Bär and Karrer has announced that it was elected Daniel Leu as a partner as of 1 January 2015. Leu, a certified inheritance law specialist, advises private clients on corporate and estate planning, on the handling of estates, inconnection with foundations and trusts and on questions in connection with theplace of residence. Other areas of work include […]

Gillespie

Moves: 12 January 2015

Move of the week Kirkland & Ellis debt finance partner Stephen Gillespie is leaving the firm to join Gibson Dunn & Crutcher, to become the Californian firm’s fifth high-profile recruit in the last year. He makes the move after eight years at Kirkland. UK London Bond Dickinson has hired Andrew Barber as a partner for […]

Hong Kong

Fried Frank to shut Hong Kong and Shanghai offices in international downsize

US firm Fried Frank Harris Shriver & Jacobson has called time on its beleaguered Hong Kong and Shanghai offices, with plans to close its Asian operations after seven years in June 2015. Ongoing discussions are thought to revolve around the possibility of maintaining a service office in Hong Kong, which could be an unmanned office […]

Barclays and RBS GCs call it a day

Two high-profile departures from the legal departments at major banks characterise the last week of in-house news. Last week (9 January) Barclays Capital confirmed the resignation of general counsel Judith Shepherd who is set to leave the company before the summer. Shepherd joined the bank from Gibson Dunn & Crutcher in 2006, starting as deputy […]

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