Linklaters, Clifford Chance power up for oil majors investigation

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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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Increasing costs sealed with LIPs

The Big Bang may have proffered the public greater choice, but there is a high price to pay Litigant in person (LIPs) creep has reached the High Court. There are now increasing numbers of litigants with cases of substantial value and complexity who are unable to fund legal representation. Often they do not qualify for […]

Debt programme updates/establishments and the new PD regime — an update

The debt capital market continues to come to terms with the requirements of the new Prospectus Directive (PD) regime. As noted in the previous edition of this note, issuers with debt programmes established or last updated before 1 July 2012 will now have to ensure that relevant amendments are made to base prospectuses at the […]

Coleen Rooney
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Linklaters brolly scheme strikes gold as Coleen Rooney spreads firm’s name

Linklaters’ policy of handing out branded umbrellas to students on campus to spread the firm’s name appears to have paid off after Coleen Rooney was pictured on the pitch after a Manchester United home match carrying a giant brolly with the magic circle outfit’s logo on it. Corridors at Linklaters were buzzing with excitement today […]

Matt Byrne
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Promotions figures indicate bleak times

The general downward trend – at least in the UK – highlighted in this week’s partnership promotions feature didn’t obscure some major changes dotted throughout the annual rounds. No corporate partners made up at Travers; Ashurst now has more partners outside than inside the UK; and the first crop of Bond Dickinson freshers, with twice […]

Bring your own device: ICO publishes new guidance

A survey by the Information Commissioner’s Office (ICO) has revealed that 47 per cent of all UK adults now use their personal smartphone, laptop or tablet computer for work purposes — known as ‘bring your own device’ (BYOD). However, fewer than three in 10 users had received guidance on how to use their devices for […]

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