Maxwell trial date set

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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

In brief: YSG lecture discusses career options

Legal outplacement agency PCM will present a lecture on career options at the Law Society on 25 April. The lecture, organised by the London Young Solicitors’ Group, will include a speech from PCM’s Charles Glass on alternative careers for lawyers dealing with unforeseen career changes and the use of psychometric testing for the assessment of […]

Former City lawyer to be struck off over excessive expenses claims

FORMER Barlow Lyde & Gilbert salaried partner Justin Codrai has been ordered to be struck off following allegations that, among other things, he charged clients for first class air fares and in fact travelled business class. In written findings just published by the Solicitors Disciplinary Tribunal following a hearing in December last year the tribunal […]

In brief: Midlands focus correction

We wish to point out that the town and county planning group based at 5 Fountain Court, Birmingham, is headed by QCs Harry Wolton and Martin Kingston, and not QCs Jeremy Cahill and Roger Giles as stated in our Midland focus feature ‘Set to take on London’ published in The Lawyer 4 April.

No Law Soc-TSG deals

I am writing with reference to John Malpas’ article ‘Trainees must make salary choice’ (The Lawyer 4 April). I was recently asked by the Law Society for my comments on the issue of minimum salaries for trainee solicitors and the proposals for its abolition. As a law graduate who has been unsuccessfully seeking a training […]

Deacon declared personally bankrupt

MERSEYSIDE solicitor David Deacon, a founder of the collapsed Liverpool firm Deacon Goldrein Green (DGG), has been declared personally bankrupt. Petitioning creditors, Chester-based NWS Trust, last week successfully applied for the bankruptcy order at Liverpool County Court. Deacon, who left the 18 office firm two years before it became the biggest ever law firm receivership […]

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