Russian roulette

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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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Champagne all round as a new generation of barristers take silk…

The champagne was flowing last Tuesday (22 January). Not only at The Lawyer’s Hot 100 party at the Royal Exchange, but at scores of chambers across England and Wales – the silks list had finally been announced. Essex Court Chambers quaffed the fizz in celebration of four of their junior barristers receiving the accolade of […]

Bevan Brittan moves to reverse exodus

Bevan Brittan chief executive Stuart Whitfield has moved to defend the firm’s strategy following an exodus of partners and associates. Beachcroft is the latest to raid Bevan Brittan with a move for a Bristol-based litigation team led by partner Ben Daniels. Since May 2007 at least nine partners have quit the Bristol-headquartered firm, with more […]

Stephensons woos CC competition star

Stephenson Harwood has boosted its corporate practice with the hire of competition partner Julianne O’Leary. She joins from Clifford Chance, where she was a senior associate. O’Leary has advised a number of blue-chip clients, including Barclays, Accenture and General Electric. In 2006 she was seconded to Shell International in London, where she was antitrust counsel […]

Separated at birth

Tulkinghorn is this week swapping his quill for a bow and arrow. Of course Tulkinghorn has no violent intentions. On the contrary, he is playing Cupid. In last week’s issue Pilsbury chairman Jim Rishwain was urged to abstain from the petulant tendencies of his doppelgänger Larry David. This week Tulkinghorn has found the perfect companion. […]

Reynolds cleans up in tissue brand sale

Reynolds Porter Chamberlain (RPC) advised Swedish paper products giant SCA, which has annual sales of more than £7.4bn, on the sale of its Softis tissue brand to Italian tissue company Sofidel. Reynolds Porter Chamberlain (RPC) advised Swedish paper products giant SCA, which has annual sales of more than £7.4bn, on the sale of its Softis […]

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