Matheson Ormsby uses Chinese walls on MBO

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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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Former SEC member to join Latham & Watkins

Latham & Watkins's Washington office is continuing its high-profile securities litigation recruitment drive after appointing a former member of the Securities and Exchange Commission's (SEC) Division of Enforcement

Peddie Smith bags contract for £15m Scottish housing scheme

Peddie Smith beats competitors including Conveyancing Direct in beauty parade Scotland-based firm Peddie Smith Maloco Law Group has won the conveyancing contract for the new £15m ‘mortgage to rent’ scheme launched by the Scottish Executive.The scheme aims to help Scottish families at risk of losing their homes through repossession by giving them the opportunity to […]

Judge clears Charles Russell in Hello! case

Charles Russell has escaped potentially damning criticism in the claim by Catherine Zeta Jones, Michael Douglas and OK! against its client Hello! after the judge found Hello! had falsified key evidence

EC cracks down on counterfeiting and piracy

The European Commission (EC) has proposed reforms to the EU’s intellectual property (IP) rights regime which would force member states to incorporate best practice into their regulations against counterfeiting and piracy The EC’s proposed directive would require all EU governments to provide for injunctions halting the sale of counterfeit or pirate goods, undertake precautionary seizures […]

Sonnnenschein takes four from LeBoeuf

Sonnenschein Nath & Rosenthal has scooped four partners from LeBoeuf Lamb Greene & MacRae in a bid to expand its San Francisco regulatory practice. The Chicago-based firm has hired Kenneth Schnoll, Thomas McDonald, John Finston and Sanford Kingsley, all of whom specialise in insurance regulatory and transactional matters. First revealed on www.thelawyer.com/lawyernews 29 January

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