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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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Linklaters, DLA Piper strengthen Asia groups

Linklaters, DLA Piper strengthen Asia groups” />Linklaters is to boost its banking and projects offering in Singapore with the transfer of infrastructure partner Richard Ginks from London. Ginks, who joined the magic circle firm as a trainee in 1996 and became a partner last year, will move to Singapore in September, bringing the number of […]

Not in our names

The Court of Appeal’s recent ruling in Tyco v Rolls-Royce means parties to joint-names or composite insurance would do well to insist that the issue of waiver of subrogation is dealt with when contracts are being drawn up. Litigation arising out of ­construction projects is not, of course, unusual. What is regrettable is the number […]

US firm trio settle Nokia-Qualcomm dispute

Quinn Emanuel Urquhart Oliver & Hedges, Cravath Swaine & Moore and Cooley Godward have brokered a deal that sees the end of a three-year global dispute between Qualcomm and Nokia. The three US firms managed to bring together the two mobile phone companies to sign a 15-year licensing agreement. The deal has put an end […]

Pinsents knocks DLA off AIM top spot

Pinsent Masons has stormed to the top of Hemscott’s AIM adviser rankings, gaining six new clients in the past six months. In the last quarter the firm overtook AIM heavyweights DLA Piper and Norton Rose for number of clients listed on AIM. DLA Piper remained in second place despite five companies dropping off its roster. […]

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Cadwalader: a victim of its own strategy

Cadwalader Wickersham & Taft’s week of woe was caused by a misguided management strategy that its current administration is trying desperately to clean up. Cadwalader Wickersham & Taft’s week of woe was caused by a misguided management strategy that its current administration is trying desperately to clean up. Back in January my New York colleague […]

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