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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

Firm mourns loss of partner

LAWYERS at Denton Hall are mourning the death of corporate group head Andrew Britton in a car crash. Britton’s funeral was held last week following the accident on 22 April. Colleague Simon Brown says he “had a rare combination of intellect, inventiveness and wit”. He describes Britton as “a brilliant lawyer whose sense of fun […]

Patent battle may go to Lords

A legal battle over patents for plastic nets may go to the House of Lords. In 1992 the High Court ruled that two nets patents held by PLG Research were invalid as no inventive step had been used to arrive at their design. But, last November the Court of Appeal held the nets were covered […]

From despair to where?

As UK universities churn out law graduates at a far greater rate than the profession can handle, many would-be lawyers ask whether the needs of students and trainees are adequately represented by the Law Society. Each year approximately 7,000 people graduate from the Legal Practice Course (LPC) while students face the dismal prospect of competing […]

Provincial firms pip City rivals to post for British Gas property deal

SIX mainly provincial firms have seen off their bigger City rivals in winning the national property work for British Gas. The work may be worth a total of £2 million or more in yearly billings, and possibly a greater sum in the first couple of years if British Gas makes disposals ahead of the more […]

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Litigation Disciplinary Tribunals 09/05/95

KARAMAT HUSSAIN RAJA, 56, admitted 1982, practised as KH Raja Luton, struck off and ordered to pay £2,272 costs. Allegations substantiated he wrongly withdrew and used client account money for his own purposes, and failed to comply with book keeping rules. Tribunal told minimum cash shortages in excess of £150,000 were established by investigation accountant, […]

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