New faces line up after Bar election

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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

A tax haven made in paradise

The Bahamas is the original tax haven and it still remains a favoured place for offshore funds, says Heather Thompson The Bahamas is known as “the first tax haven” and has long been favoured by the wealthy for the establishment of trusts. Its oldest trust company, the Bahamas General Trust Company, was established in 1936 […]

Points wide of the mark

Your 4 October edition had a number of interesting articles about what the membership thinks of the Law Society’s leadership and functions. Geoffrey Adams of Cardiff is wide of the mark on two matters he mentions. The first is the history of franchising negotiations. The society did not suddenly “decide to consult with the profession” […]

First Division lobbies to safeguard CPS future

The Association of First Division of Civil Servants (FDA) is to lobby politicians over the future of the Crown Prosecution Service (CPS) following new fears that core services such as advocacy could be thrown open to market testing as a cost-cutting move. The Government is considering either privatising the CPS or turning it into a […]

Ethnic minority lawyers hold conference

Lawyers from the UK’s ethnic minorities will be offered advice and information at a conference to be held on 5 November. The African, Caribbean and Asian Lawyers’ Group is holding its annual conference at the Law Society. The event is open to students and lawyers and will cover subjects including articles, pupillage, outdoor clerking, paralegal […]

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