Leeds chambers fight against 'ghetto-isation'

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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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Goodwin flies CL for UBS

Top Credit Lyonnais lawyer Jennifer Goodwin has defected to City bank competitor UBS, where she starts work this week. Goodwin was legal department head at Credit Lyonnais, where she oversaw both transactional and general head office legal matters. Goodwin is reporting in her new role as director to Gerald Thorburn, the UBS legal and transactional […]

Freeman declares himself insolvent

SOLICITOR Michael Freeman, acting for Names in the Lloyd’s litigation, has declared himself insolvent and applied for an Individual Voluntary Arrangement after running up debts of u1.5 million. Creditors to Freeman, a partner with Epstein Grower & Michael Freeman, approved an arrangement on 12 September. Among the 21 creditors are seven banks, five credit card […]

Property

The Mercia Square shopping centre at Foregate St in Chester has been acquired for u9m by United Friendly, advised by Tucker Turner Kingsley Wood, from Standard Chartered Bank, advised by Stephenson Harwood.

Bar wants to play on level fields

There are two thrusts to the bundle of recommendations from Lord Alexander’s committee on standards at the Bar. The first is the proposed complaints and compensation system to meet the needs of the public and follow the promptings of the legal ombudsman and the Royal Commission. More public tribunals will be welcome. That the Bar […]

Legal proposals 'fail' disabled

LEGAL groups say they are disappointed by proposals put forward in the Government’s consultation paper on discrimination against the disabled. The paper calls for opinions on a range of issues including employment and access to goods and services. Several professional bodies, including Law Society committees, are preparing responses to the paper which claims “sweeping legislation” […]

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