Lovells boosts Milan with Freshfields 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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Clementi warned that independence is critical

The legal profession last week welcomed Sir David Clementi’s ‘Review of the Regulatory Framework for Legal Services’, but warned against compromising lawyers’ independence. Clementi asked for opinions on three regulatory models, as well as complaints handling and alternative business structures. The consultation period ended last Friday (4 June). None of the professional bodies support the Financial […]

WongPartnership hires partner for dispute resolution operation

Singapore’s WongPartnership has kick-started its Chinese dispute resolution practice with the appointment of the former executive director of the Singapore International Arbitration Centre. As first revealed on www.thelawyer.com/lawyernews last Tuesday (1 June), Ang Yong Tong joined the firm’s fledgling Shanghai office as a partner at the start of the month. He will be responsible for […]

Lewis Silkin lands million pound Merrill Lynch claim

Lewis Silkin is battling its largest ever employment tribunal matter, taking the lead for former Merrill Lynch banker Stephanie Villalba’s sex discrimination claim against the investment bank. Joint head of employment and incentives James Davies is leading the team for Lewis Silkin, instructing employment junior Dinah Rose alongside Brian Kennelly of Blackstone Chambers as counsel. […]

Weil Gotshal raids Baker & McKenzie in Europe

Weil Gotshal & Manges is taking the next step in boosting its European capital markets practice after recruiting the group head of Baker & McKenzie’s Budapest office. Konrad Siegler, head of the capital markets group, will move to Weil Gotshal’s Budapest office on 1 September to lead its Hungarian capital markets and finance practice. Siegler’s […]

Boutros Boutros-Ghali welcomes new law alliance

A giant referral network encompassing three Middle Eastern law firms and Cyprus’ largest practice, Andreas Neocleous & Co, has been forged. The Middle East Legal Alliance (MELA) hopes to capitalise on expected growth in the number of companies using Cyprus as a “strategic base” for Middle East business, following the island’s entry into the European […]

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