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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 […]

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Addleshaws rejigs arbitration with new boss

Addleshaw Goddard has appointed contentious partner Simon Kamstra to be the new head of international arbitration. Kamstra specialises in a range of areas including shareholder and company disputes and international arbitration. The firm’s arbitration practice is a large and successful area for the firm with 40 lawyers in the London, Manchester and Leeds offices. Partner […]

Londoners get voted off by Scots

Election fever is the topic of the day. Election fever is the topic of the day. Local elections for positions in English local authorities and the Welsh Assembly are currently being decided. But the big one is north of the border. In Scotland, elections for the 129 members of the Scottish Parliament are underway in […]

In-housers get guidance on whistleblowing

The Commerce and Industry Group (C&I Group) has released new guidelines for lawyers how to implement a whistleblowing policy and avoid being caught in career dilemmas. The organisation has also compiled a report revealing that in-house lawyers are under more pressure than ever to expose company scandals even though they are the most at risk. […]

Sports boutique scraps hourly rates

West End sports boutique Spring Law has struck a first blow in the war on hourly rates by abolishing them in favour of fixed fees. The move follows growing dissatisfaction with hourly billing among in-house lawyers. Last month The Lawyer revealed that 67 per cent of in-house counsel believe hourly rates are outdated, while 68 […]

Abousleiman builds LeBoeuf capital markets team

The London office of US firm LeBoeuf Lamb Greene & MacRae has hired Baker & McKenzie capital markets senior associate Federico Salinas as a partner. The hire follows that of Dewey Ballantine’s London-based capital markets rainmaker Camille Abousleiman, who joined as the firm’s London head of capital markets in January (The Lawyer, 21 January). Abousleiman […]

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