Revealed: the firms that hire most trainees from their paralegals

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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

Sport and the free market: should Pandora’s box have stayed closed?

By Stephen Hornsby  Competition and other regulators and courts in Europe have been unable to duck a number of issues applying free market rules to a variety of sporting markets. As we shall see, the outcome of some of the major interventions tends to provide some support (albeit sentimental) for the initial ’hands off’ approach.  […]

Hong Kong
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Clifford Chance Hong Kong competition head moves to Baker & McKenzie

Baker & McKenzie has picked up Clifford Chance’s Hong Kong head of competition, consultant Stephen Crosswell, for its Hong Kong office.  Crosswell, who joins Baker & McKenzie as a partner, headed up the region’s antitrust and competition practice in Hong Kong and coordinated the Asia competition practice. He moved to the magic circle firm in […]

David Kerr bigger

Bird & Bird’s David Kerr: Australian merger is a possibility

Bird & Bird CEO David Kerr has overseen a period of significant growth at the former IP boutique, and more is on the horizon. Bird & Bird’s expansion over the past few years has been steady rather than dramatic. The firm has chosen to increase its international profile mainly through cooperations rather than merger. The […]

CSSF Circular on UCITS depositaries – transition period modified to 18 March 2016

The CSSF has extended the transition deadline for CSSF Circular 14/587 applicable to Luxembourg credit institutions acting as depositaries for UCITS in its circular 15/608, published on 23 March 2015. According to this latest development, Luxembourg credit institutions acting as depositaries for UCITS must align their operational set- ups and network agreements with CSSF Circular […]

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