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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

KLegal tells its trainees: don’t show up this year

Future trainees offered £10K to defer; McGrigors merger sparks spring clean In the wake of this week’s redundancies, KPMG-tied law firm KLegal has offered its current crop of graduate recruits a payment of £10,000 to defer their start date. Many have taken up the offer and just six trainees will start at KLegal in the […]

The Leader Column

Senior restructuring assistants had better start polishing up their CVs. White & Case is the latest US firm to target the insolvency market by hiring Dan Hamilton from CMS Cameron McKenna. White & Case is following in the footsteps of Sidley Austin Brown & Wood, which made its first foray into this market a few […]

Legal Widow

After a row over taking the bins out, when the Lawyer threatened to throw Subjudice’s mobile phone into the back of the next rubbish truck that came along (strikes permitting), our elder daughter spraypainted the number for ChildLine above the phone in the hall and said her entire class had learned it by rote in […]

Microsoft lawyer returns to Preston

Microsoft’s general counsel and executive vice president William Neukom is to return to his former firm He will join the Seattle office of Preston Gates & Ellis – the firm which bears the name of Microsoft founder Bill Gates’ father – as a partner.Neukom, who led Microsoft’s defence against federal charges of anti-competitive conduct, announced […]

Norton Rose storms back on to HSBC’s Hong Kong panel

Norton Rose is back on the HSBC panel in Hong Kong just four months after reopening its office there The firm lost its place on the panel following the termination of its joint venture with Johnson Stokes & Master in 1998, which sparked a restrictive covenant preventing Norton Rose from practising in Hong Kong for […]

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