New body lobbies for co-op laws

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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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Flotations

South Country Homes was advised by Berwin Leighton on its recent London Stock Exchange flotation.

ABA spurned in favour of provinces

A LEADING set of chambers has given up trying to get work from attendance and advertising at the American Bar Association (ABA) conference. David Steel’s chambers at 4 Essex Court, which gets 5 per cent of its work from the US, says it will spend money on promoting itself in the English provinces instead. Head […]

Stein in New Orleans trial

HIGH-profile sports lawyer Mel Stein is heading for America next month where he will appear as a defendant in a major fraud trial. Stein, a former partner at London firm Finers, was implicated in the case of one of his former clients. Cuban businessman Carlos Miro was jailed for almost nine years after the collapse […]

In brief

London firm Sharpe Pritchard is holding a conference on Tupe and the Acquired Rights Directive on 30 September. The conference, to be held at the New Connaught Rooms, will address a range of issues including in what circumstances Tupe now applies and pensions. Stuart Isaacs QC, Mr Justice Mummery, president of the Employment Appeal Tribunal, […]

Lib Dems bid for free speech reform

THE LIBERAL Democrats have called for a new “offer of amends” defence to be introduced by Parliament as part of a package of proposed free speech reforms. The defence, allowing the media to admit liability and offer an apology and limited compensation at an early stage during a libel action, means fewer cases would go […]

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