North East champion eclipses rivals with standout results

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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

French corporate boutiques suffer as Anglo-Saxon firms thrive

France’s leading independent corporate firms Bredin Prat and Darrois Villey Maillot Brochier both saw a drop in income in an otherwise strong financial year in France. Anglo-Saxon law firms in Paris are winning business from Bredin Prat and Darrois Villey, which have traditionally dominated the French corporate market. Turnover dropped four per cent at Bredin […]

Carter report heralds legal consolidation

Lord Carter of Coles has predicted massive consolidation for law firms and “the end of the £1m-a-year criminal defence barrister” in his report on legal aid procurement, unveiled this morning (13 July). Speaking at a press conference to announce the report, Carter said its recommendations would reform the legal aid market and save £100m a […]

Wachtell fights hedge fund activism

Wachtell Lipton Rosen & Katz has joined the throng of vocal opposition to a recent ruling rejecting the Securities and Exchange Commission’s (SEC) rule requiring hedge fund advisers to register under the Investment Advisers Act. The New York heavyweight, which is known for its anti-activist hedge fund stance, voiced its discontent at the ruling in […]

Web week 17/07/06

The Lawyer‘s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@ thelawyer. com. Just plane wrong TheLawyer.com brought you the story on 7 July about the troubles Berwin Leighton Paisner […]

18 Red Lion Court silk joins McGrigors

McGrigors is making a rare hire from the bar as 18 Red Lion Court silk Jonathan Fisher joins the firm’s tax litigation and regulatory team. Fisher will start work at McGrigors in September, initially as an employed barrister, but later as a partner when he requalifies as a solicitor. He will advise on business crime […]

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