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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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Kirkland London bags four new partners

Kirkland & Ellis has made up four partners in London as part of a round that saw 62 promotions worldwide. Kon Asimacopoulos has been promoted within the London restructuring practice while the banking and finance practice has seen the promotion of Phillip Crump. Anu Balasubramanian and James MacArthur have been made up in the corporate […]

Johnson Stokes overhauls management team

Hong Kong’s largest firm, Johnson Stokes & Master’s senior partner Robert Lynn has stepped down and is to be replaced by the firm’s managing partner of its commercial practice, Elaine Lo. Lynn is remaining as a partner in the firm’s real estate practice while John Marsden is to take the role of managing partner for […]

Beachcroft hires public law associate

Beachcroft has bolstered its public law group with a key hire from NHS regulator, Monitor. Sarah Jerebine, former in-house counsel at Monitor, will join the firm’s London office as an associate. Beachcrofts head of public law, Stephen Hocking, said: “We are hoping to expand the time during the next year. It’s fantastic that we have […]

CEDR kicks off mediation audit

The Centre for Effective Dispute Resolution (CEDR) has launched its biennial audit into commercial mediation, the only review of its kind in the UK. The previous audit, held in 2005, found that the mediation market has grown by 35 per cent to 2,700 mediations a year. The statistics also showed that in 2005 there were […]

Foot Anstey to merge with Cornwall’s Hancock Caffin

South West solicitors Foot Anstey and Cornish firm Hancock Caffin are merging to become the largest law firm in Devon, Cornwall and Somerset. The new firm will go under the banner Foot Anstey, although it will be known as Foot Anstey and Hancock Caffin in Cornwall. The merger will take place on 1 December and […]

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