Minter Ellison’s former CFO pleads guilty to £1.8m theft

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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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Speed bumps on the road to ABS

Speed up authorisation or risk scuppering finance deals, SRA told Pressure is mounting on the SRA to speed up the authorisation of alternative business structures (ABS) after concern that private equity deals could collapse as a result of regulatory delays. Insurance firm Parabis agreed a £50m funding deal with private equity house Duke Street in […]

China Watch – A foreign lawyer’s view from the inside

As the leading foreign firms race up the value chain of the legal services market in China, they leave an expanding vacuum in their wake that the local firms have been more than willing (and capable) to fill.  While there is more than enough room in the market for both the foreign and local firms […]

The Lawyer Management: Mishcon de Reya

Elliot Moss, director of business development  Describe your role Client development, communications, brand reputation, corporate social responsibility (CSR) and overall marketing. I work closely with senior management on international strategy, including the development of Mishcon’s New York office, and opportunities resulting from the advent of the Legal Services Act (LSA). How have you improved […]

New silks on the block: (l-r) Green, Sabben-Clare, Wolfe, de la Mare, Jones, Day, Machell
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Quality Counts

Becoming a QC is a major step in a barrister’s career. Eight of the new crop share their application nightmares and their plans for the future The recent announcement that 88 advocates had been elevated to the ranks of Queen’s Counsel (QC) prompted the usual rowdy calls for celebration and jubilation at the bar. For […]

Shack attack

Payne Hicks Beach marriage-dissolution maven Fiona Shackleton may be a proven force when it comes to advising on divorce – having represented Princes Andrew and Charles, former Beatle Paul McCartney and singer Madonna – but one client is less satisfied with her savvy when it comes to child support. Banker Christopher Smith is suing Payne […]

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