Magister ups Kiev banking presence

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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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Plea for understanding as conference shines a light on ‘third legal community’

For years they were the poor relations of the legal world, earning less and working fewer hours than their illustrious counterparts in City firms. For years they were the poor relations of the legal world, earning less and working fewer hours than their illustrious counterparts in City firms. But now in-house lawyers are demanding greater […]

New London offices and hires for Pitmans

Thames Valley firm Pitmans is ramping up its two-year-old London operation with two senior hires and a move to more spacious offices. THAMES Valley firm Pitmans is ramping up its two-year-old London operation with two senior hires and a move to more spacious offices. The firm has hired insolvency and recovery partner Ian Searle from […]

Victimisation case put on hold

Dickinson Dees, Hammonds and Pinsent Masons are facing an employment tribunal claim from a lawyer formerly at all three firms – but will now have to wait until September. The trio was supposed to be going before a tribunal in January after ex-employee Rachel Clarke alleged that she had been victimised by all three firms […]

Magic circle moves into middle lane as banking bubble bursts

Can mid-sized firms fight back as the UK elite elbow their way into midmarket? At The Lawyer’s Hot 100 party, held at the Royal Exchange last month, a group of leveraged finance lawyers were standing at the bar ruefully exchanging experiences. Banking lawyers are still working, it’s just a rather different landscape; and a consensus […]

Cadwalader in shock raid for Latham private equity chief

Cadwalader Wickersham & Taft made a spectacular raid on the New York office of Latham & Watkins yesterday (6 February), snaring the latter’s global head of private equity, Ronald Hopkinson. One M&A partner at a rival firm described Hopkinson’s move as absolutely astonishing, adding “you could not overplay its significance”. Hopkinson’s clients include private equity […]

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