Microsoft appeals EC fines as GC demands clarity

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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

Amsterdam & Peroff set for London launch

Toronto-based firm Amsterdam & Peroff is to set up in London, with high-profile human rights lawyer Bob Amsterdam basing himself in the UK. Amsterdam was expelled from Russia last year for alleged crimes against the state surrounding his involvement in the defence of jailed oligarch and ex-Yukos chief executive Mikhail Khodorkovsky. The move marks the […]

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Global ANZ review extends panel from nine to 32

Baker & McKenzie and DLA ally Philips Fox have scooped places on the global legal panel of Australian banking giant ANZ along with Australia’s big six. ANZ conducted a wholesale review, expanding its roster of external counsel from nine firms to 32. The new panel includes all of the big six Australian firms: Allens Arthur […]

Lord Steyn appointed chair of Takeover Panel appeal board

Former Law Lord Lord Steyn will be the new chairman of the Takeover Panel’s appeal board when the current incumbent Sir Andrew Leggatt steps down in October. Steyn’s appointment was announced by Lord Justice Clarke, the Master of the Rolls, yesterday (13 July). Leggatt has held the position for five years. Steyn retired from 10 […]

Standard Chartered bolsters in-house with IT law hires

Standard Chartered has bulked up its IT law capability with the appointment of private practice lawyers in its Singapore and London offices in an effort to broaden its in-house team. The investment bank has hired associate Denis Low from London-based technology boutique Kemp Little. Stephanie Bennett, an associate from the Hong Kong office of Bird […]

Dechert rejigs UK pay to keep up in salary war

Dechert rejigs UK pay to keep up in salary war” />Dechert has overhauled its UK salary structure in a bid to compete with its US rivals, at the same time as a raft of US firms bump up their salaries further. London managing partner Steven Fogel said Dechert had introduced a new flexible salary structure […]

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