Napier pledges Law Society City forum

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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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Gianni Origoni secures Pavia lawyers for Padua

Gianni Origoni & Partners is to open an office in Padua staffed by former employees of Pavia e Ansaldo. The four lawyers,who plan to take some of their clients with them from their old office in the city, will specialise mainly in M&A and finance. Among the team is Luigi Pavanello, who returns to Gianni […]

In-house prove their mettle

I was somewhat amused by a large display advertisement from Freshfields last week in The Lawyer. It had the heading, in large type, “Ahead of the game”, and was illustrated by a galloping cheetah. No self-respecting cheetah wants to be ahead of the game – just behind it, and eventually on top of it. But […]

Rozenberg

Perhaps the most attractive feature of the European Court of Human Rights is that – unlike the Ritz Hotel of legal legend – it really is open to all. As we saw last week, even a former king can demand his human rights. Ex-King Constantine was in Strasbourg to complain that the Greek government had […]

Resistance forces change of tactics

“Ashursts was plan A. This is our plan B,” so says Bill Voge, Latham & Watkins’ executive committee member. It’s not taken the US giant long to bounce back from the collapse of talks with Ashurst Morris Crisp, but far from plan B being second best, it could mark a sea-change in the way US […]

… while it escapes a court action

DAC is breathing a collective sigh of relief after narrowly avoiding being dragged through the courts by one of its former lawyers. Former joint head of DAC’s EL/PL (employer liability/public liability) department Noel Tarleton attempted to take his former firm to a tribunal for constructive dismissal after leaving the practice earlier this year. Both parties […]

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