New Pinsents head targets freedom of information work

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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

May the source be with you

As attitudes towards outsourcing become more refined, lawyers need to ensure they are up to speed. Michael Chissick and Belinda Doshi report It is not often that outsourcing hits the BBC’s 10pm news. But that is exactly what happened in June when Powergen announced that it would be closing its Indian call centres and moving […]

A&O, Slaughters scoop roles on M&B’s Whitbread pub acquisition

Slaughter and May has shown its strength in the pub operator market, acting for Whitbread on the sale of 239 pubs to Allen & Overy (A&O) client Mitchells & Butler (M&B). M&B has paid £497m for the Beefeater and Brewers Fayre pubs in a deal hammered out in the early hours of Friday 21 July. […]

Firms join to form Preston heavyweight

Two Lancashire firms, Napthens and Roscoes, are merging to create a new £7m corporate and commercial outfit headquartered in Preston. Both firms are more than 200 years old. However, last year each independently conducted strategic reviews, both of which concluded that a merger was necessary if they were to achieve their strategic ambitions. On Friday […]

DLA Piper commits to pro bono with new strategy

DLA Piper Rudnick Gray Cary is to create an international corporate and social responsibility (CSR) committee to help drive forward its global pro bono effort. The project is named New Perimeters and the committee will consist of eight CSR partners who will have responsibility for ‘scoping out’ upcoming projects to make sure they do not […]

BCCI saga forces judges to reform trial handling

The Lord Chief Justice, Lord Phillips of Worth Matravers, has scheduled a summit meeting with commercial judges to plan groundbreaking reform of case management procedures, following the record length of the BCCI trial. Phillips believes lessons need to be learnt from cases such as BCCI, which sensationally collapsed last November, and he will now meet […]

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