PI network targets mass asthma action with whistle-blowers' hotline

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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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Fraud relevance probe

The House of Lords is being asked to decide the weight courts should attach to unconnected fraud in misrepresentation cases. The latest round of the long-running battle between Smith New Court Securities (SNC) and Scrimgeour Vickers (Asset Management) (SV) and others is now pending hearing. The case centres on allegations of misrepresentation in the sale […]

Financings

Cameron Markby Hewitt acted for Chase Investment Bank and Lloyds Bank which were involved in the syndication of banking facilities to United News & Media

Ostrich action ruffles investors' feathers

Livestock litigation seems to be in vogue with the current beef scare. But cattle are not the only animals at the centre of court action – ostriches are also legal flavour of the month. The fate of the beleaguered Ostrich Farming Corporation (OFC) is now to be decided by a High Court judge after it […]

Nabarros consultant asked to clear desk

Nabarro Nathanson banking and finance consultant Michael Vann has left the firm after allegations he breached unspecified procedures. According to Nabarros senior partner David Bramson, Vann was asked to leave by the practice. He said the lawyer had “failed to comply with some of our internal procedures”. But he declined to disclose further details, apart […]

US Congress slashes access to justice

Severe budget cuts and a new wave of crippling restrictions have jeopardised the future of the Legal Services Corporation (LSC) in the US and limited access to justice for the poor. LSC spokeswoman Niki Mitchell said the decision of Congress to cut the corporation’s budget by a third this year, from $400 million last year […]

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