Linklaters lands £1bn Tube telecoms deal

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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

Rival sets reignite Pach row

The row between rival chambers over the future of the pupil selection system has blown up again. The Lawyer reported on 25 October that Blackstone Chambers and 4-5 Gray’s Inn Square were in dispute over an alleged unfair competitive advantage relating to the Pupillage Application Clearing House (Pach) scheme. Michael Beloff QC, joint head of […]

Appeal Court action for SIF

The Solicitor’s Indemnity Fund must go to the Court of Appeal in a compensation battle against a property developer. The move follows a payout made in a claim in respect of a property venture between the developer and a solicitor. The Court of Appeal set aside a £304,777 High Court award for damages and interest […]

Clyde & Co IT head quits for media firm

Henry Hepworth, the leading niche media practice, has poached Clyde & Co’s head of intellectual property (IP) and IT Toni Vitale. Vitale, who was an associate at Clyde & Co, joins the media firm as a consultant with a view to becoming a partner. Clyde & Co was actively considering Vitale for partnership. The firm […]

This week

The TUC and the British Safety Council will launch a report calling for an increase in penalties for health and safety offences. Lord Irvine will give a lecture at the event held on Wednesday at Congress House.

The junk bonds are coming

The high yield bond market, traditionally the preserve of US lawyers, is coming to Europe. Cahill Gordon & Reindel is New York’s most notoriously thrifty law firm. It may have reported profits per partner of $1.6m (£1m), say sources, but it is reluctant to change its carpets. So when news was leaked that the firm […]

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