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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

BCCI costs hearing: Stadlen attacks ‘disgraceful’ Deloittes, Lovells

Fountain Court Chambers’ Nicholas Stadlen QC, appearing for the Bank of England, has slammed Lovells for failing to turn up for the BCCI costs hearing which began on Monday (30 January). Stadlen yesterday derided the liquidator’s legal team and the collapsed bank’s liquidators, Deloittes, who also did not atttend the expected four-day hearing before Mr […]

BPP set to offer BVC in Leeds

BPP Law School is set to become the only national provider of the BVC after announcing plans to offer the course in Leeds. The Bar Council validated BPP to run the BVC out of its one-year-old Leeds branch from September 2006. BPP will offer 48 full-time and 48 part-time BVC courses in Leeds. Manchester Metropolitan […]

Lawyer: Chinese govt tried to kill me

China’s most prominent human rights (HR) lawyer is claiming that the Chinese authorities tried to kill him after they had closed his law firm. The matter raises questions about how liberal China’s legal market really is. Gao Zhisheng, who has a similar reputation in China to UK lawyers such as Shami Chakrabarti or Clive Stafford […]

Cripps appoints new senior partner

Kent firm Cripps Harries Hall has elected Michael Stevens as new senior partner. Real estate partner Stevens takes over in May from Andrew Fermor, who has been in the post for the last eight years. Fermor will return to full-time fee-earning once Stevens begins his five-year tenure. Stevens told The Lawyer: “I see my role as that […]

Lichfield’s warm welcome

A little-known fact kindly provided by Lichfield firm Keelys Solicitors. “The last person to be burnt at the stake was in Lichfield. Edward Wightman from Burton upon Trent was burnt at the stake in the Market Place on 11 April 1612.” Now that’s one way to sell your firm.

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