Linklaters attempts Italy comeback with star A&O hire

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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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The bar

Sets to have their say over client gift furore A commotion is brewing at the bar as the barrister’s right to entertain came under scrutiny last month. The turmoil began when the Bar Standards Board (BSB) issued a consultation into the issue on 13 December 2006. It has been claimed that barristers’ gifts to solicitors […]

MBRM tops French RPP table

Partners at Mayer Brown Rowe & Maw (MBRM) have emerged as the most productive in France, bringing in almost €6m (£3.93m) worth of business each last year. The firm made €23m (£15.06m), with Paris partners billing an average of €5.75m (£3.77m). The firm also has the fifth-largest revenue per lawyer at €696,000 (£456,000). Figures compiled […]

Ireland

Ireland is steaming ahead in financial services. By Brian McDermott and Nollaig Greene

Hardwicke Buildings

Consolidations and mergers, such as 11 New Square’s and 11 Old Square’s merger to form Radcliffe Chambers last June, have been rife at the bar in recent years, but one set that has seen huge profits from doing the total opposite is Hardwicke Buildings.

EC slams Siemens cartel with biggest fine ever

The European Commission has meted out its biggest-ever fine against a single company for cartel involvement by landing German conglomerate and Gleiss Lutz client Siemens with a €396m (£261m) penalty. Siemens was fined for its lead role in a cartel in the heavy electrical equipment market. In total, the cartel was fined €750m (£494m), the […]

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