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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

Extending a helping hand

It takes commitment but voluntary work at legal advice centres is a good source of all-round experience, says Kate Cartmell. Kate Cartmell is a trainee solicitor at Nicholson Graham & Jones. It is Wednesday evening and I have had a hard day at work, rushing up and down stairs and receiving four new things to […]

Bar denies it fails to look after alcoholic barristers

The Bar Council has defended the level of support it provides for alcoholic barristers in the face of claims from one of the founders of a solicitors’ dependency project that barristers’ problems are going unnoticed. The former Law Society president Charles Elly made the claims last week at the launch of SolCare, the society’s new […]

The ugly face of sexism

The fact that the Law Society is considering having a designated women’s seat on the council in order to alleviate sex discrimination is good news for all women in the profession. However, the debate is already retreating into sexism with the age-old claim that successful women solicitors do not want it. Sexism is obviously not […]

Pach-ing up the clearing system

The Bar’s Pupillage Application Clearing House (Pach) has made it to its second year, but not without some major hiccups. What should have been a major assistance to chambers and students has instead managed to cause upset to both. Students feel the scheme is devised entirely to assist chambers, while chambers are finding any number […]

Testing times for the LPC

The Legal Practice Course is responding to changing circumstances with several important revisions, says Nigel Savage. Professor Nigel Savage is chief executive at the College of Law. The Legal Practice Course (LPC) was introduced in September 1993 and represented a radical change from what had gone before. In one bound the Law Society departed from […]

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