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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

White & Case in Italian merger

The move gives the firm a presence in both Rome and Milan, with the new joint practice to be called Studio Legale White & Case Varrenti e Associati. Founding partner Alessandro Varrenti becomes an equity partner at White & Case, while his four other partners become local partners of the firm. Varrenti e Associati has […]

Lister sets up planning group at 11 New Sq

The new practice director at 11 New Square John Lister has established a specialist planning and public law group in response to the Administrative Court and the Human Rights Act. The former director at Clarendon Chambers was prompted to move to 11 New Square last September after the merger of 11 Bolt Court and 7 […]

Pinsents wins property contract for NHS Estates

NHS Estates, an executive agency of the Department of Health, has formalised its legal requirements for the first time by appointing Pinsent Curtis as commercial adviser. NHS Estates previously allocated legal work on a job-by-job basis and has not used Pinsents before. The firm’s instruction as commercial adviser to NHS Estates is wide-ranging, covering contracts […]

REAL ESTATE AND PROJECTS

Eurosea Group and Park Plaza Hotels buy long lease of former office building to be converted into the Nottingham Park Plaza Hotel. Eurosea and Park Plaza Hotels advised by Tarlo Lyons (Philip Diamond, Jeremy Taylor assisted by Paul Murray). The vendor advised by Jerrard Saunders Donn (Warner Jerrard).

the wellcome trust

The acquisition of these two prime City of London properties makes a strategic addition to the Wellcome Trust’s existing property portflio, extending its exposure in the City and bringing it up to a value of around £900m. Eagle Star’s former headquarters on Threadneedle Street was bought for around £28m and is let to Sidley & […]

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