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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

MoD dumps Simmons from panel

Simmons & Simmons projects practice has lost its most important client following the Ministry of Defence’s (MoD) latest review of its legal panel for projects. The MoD cut its legal panel from 12 to 8 in the review, with half of the existing firms retaining their place. Two new firms were added – Herbert Smith […]

Careers: In brief

Minter Ellison has bolstered its international trade practice, snaring a New Zealand lawyer from the World Trade Organisation (WTO) to coincide with an internal promotion. Iain Sandford joins after three years with the WTO in Geneva to become deputy director of Minter Ellison’s international trade group based in Canberra. At the same time, Siva Somasundram, […]

McCarthy Tétrault expands in London

CANADIAN firm McCarthy Tétrault has expanded its City office, adding a project finance partner to boost its expanding AIM-focused work. The former co-head of the project finance group at Hunton & Williams Mark Frewin joins the firm to focus on mining, oil, gas and energy projects. McCarthy has also recruited Trowers & Hamlins associate Paul […]

Boutiques merge to create Munich media specialists

Munich media boutiques Poll Ventroni and Straßer Feyock are set to merge, according to the German legal publication JUVE. The new firm, which will be known as Poll Straßer Ventroni Feyock, will have ten lawyers including name partners Günter Poll, Robert Straßer, Stefan Ventroni and Martin Feyock and five associates. Joining them will be film […]

The Tom ap Rhys Pryce Memorial Trust

Linklaters has set up a charitable trust in memory of its associate Tom ap Rhys Pryce, who was murdered on 12 January in London. In a statement, the magic circle firm said: “Tom’s family and fiancée have decided that an appropriate memorial would be a charitable trust. Tom was himself a beneficiary of educational funding […]

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