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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

In brief: Court procedures caught on camera

Anyone called for jury service will be able to watch a new video called “Your role as a juror”, brought out by the Courts Service Agency. The video is designed to clarify who is eligible to be a juror, set out courtroom procedures and explain the jurors’ role and legal responsibilities. Videos replaced introductory talks […]

Litigation Recent Decisions 09/07/96

Claim to pension rights by part-time employees Fletcher v Midland Bank (1996). EAT (Mummery J, Mrs Sunderland and Mr G Wright) 24/6/96. Summary: Sex discrimination alleged by part-time workers in an appeal against dismissal of their claim to a right to participate in the employer’s occupational pension schemes. Appeals by Mrs Fletcher and 21 other […]

Arbitration slammed as costly and slow

Arbitration has been slated as costly, time-consuming and inflexible, in a survey conducted by City firm Berrymans. The survey revealed that arbitration, introduced as a cost-effective and speedy alternative to litigation, is not popular with insurance companies. Paul Taylor, a leading insurance litigator and senior partner at Berrymans, presented the results of the survey to […]

District judges ready for Woolf

LORD Woolf’s impending civil justice reforms will swell the ranks of the district judiciary and lead to an “increasing recognition” of their work, according to their newly elected president. District judge Dick Greenslade, the new president of the Association of District Judges, has identified Lord Woolf’s plans for fast track litigation for claims under £10,000 […]

More Dutch target London

NAUTA Dutilh, the largest law firm in the Netherlands, has become the third Dutch firm to open a London office since 1990. The office, in the City, will be staffed by partner Diederik van Wassenaer and two associates. Van Wassenaer said there were three reasons the firm had opened shop in London. “First, quite a […]

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