Met Police unveils slimmed-down panel after cost-saving review

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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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Morgan Lewis leads as Deutsche Boerse appeals EC merger decision

Morgan Lewis & Bockius is leading Deutsche Boerse’s appeal into the European Commission’s (EC) decision to block its proposed merger with NYSE Euronext. Frankfurt head Christian Zschocke, a specialist in public takeovers and European and German antitrust law, is heading the Morgan Lewis team. The EC’s in-house legal team will handle the matter, while NYSE […]

A brief’s moment in crime

Tony Soprano used his lapdancing club; Mickey Blue Eyes sold paintings. But in real life money laundering is much bigger business. And as highlighted in our feature this week (page 22), there are growing suspicions that organised crime is targeting arbitration to wash its dirty cash. Surprised? You shouldn’t be; big crime can always find […]

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Latimer Lee partner defends Man U fan in dispute over Man City expansion

Regional property lawyer Chris Platt of Manchester-based Latimer Lee is leading a land dispute between Manchester City Football Club and a fan of rival side Manchester United. The partner has been instructed to represent Manchester United supporter and landowner Shaun O’Brien against legal action taken by Manchester City Council and Manchester City. The latter two […]

3

China’s Broad & Bright joins MSI Global Alliance

Chinese firm Broad & Bright has signed up to MSI Global Alliance, an international association of 250 independent accounting and law firms. Broad & Bright, which has 16 partners and 47 lawyers based between Beijing and Shanghai, is one of the country’s fastest growing firms. It has maintained an average annual revenue growth rate of […]

Appleby establishes Hong Kong litigation practice

Offshore firm Appleby is continuing its investment in both litigation and the Far East by setting up a dispute resolution team in Hong Kong. Litigation partner Eliot Simpson is relocating to Hong Kong in July from the British Virgin Islands, accompanied by senior associate Joanne Collett. Simpson is qualified in BVI, Cayman Islands and Jersey […]

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