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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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Claimant libel lawyers hit back at media demands for CFA caps

Hollywood actress Sharon Stone has used it. Supermodel Naomi Campbell has had it. Hell, even hypnotist Paul McKenna has utilised it. The stars’ use of it, however, has left many libel lawyers fighting among themselves. So what is ‘it’? Conditional fee arrangements (CFAs) in publication proceedings. Twenty two media groups have joined forces to lobby […]

Bond Pearce boosts health and safety

Bond Pearce has bolstered its health and safety practice with the hire of partner Melissa Jones from Hill Dickinson. • Bond Pearce has bolstered its health and safety practice with the hire of partner Melissa Jones from Hill Dickinson. The Health and Safety Executive specialist is renowned for giving non-contentious advice and providing training to […]

Dentons secures St Petersburg alliance

Denton Wilde Sapte has become the first London law firm to secure coverage in St Petersburg after forming an alliance with Duvernoix Legal. • Denton Wilde Sapte has become the first London law firm to secure coverage in St Petersburg after forming an alliance with Duvernoix Legal. Dentons confirmed the tie-up last week as it […]

Sidley Austin UK revenue breaks £60m

Sidley Austin has reported a 12.4 per cent increase in turnover in London for the 2007 financial year. The Chicago-based firm grew its London revenues from £55.03m at the end of 2006 up to £61.87m at the end of last year. Sidley Austin London managing partner, Drew Scott, commented: “We are very pleased with the […]

Gómez-Acebo strategy reaps rewards as it breaks e50m barrier

Gómez-Acebo & Pombo has reaped the benefits of its 2007 strategic review, breaking the e50m (£37.16m) turnover barrier for the first time. The firm posted a turnover of e54.6m (£40.58m) for 2007, a near 15 per cent increase on 2006’s e47.6m (£35.38m). The performance shows a gradual return to form for one of Spain’s largest […]

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