Shearman chair Weerasinghe leaves firm for GC role at Citigroup

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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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Freshfields names social mobility ‘sponsor’ as part of diversity push

Freshfields Bruckhaus Deringer has appointed real estate lawyer Annette Byron as its partner in charge of social mobility. Byron will support the firm’s social mobility programmes as the ‘sponsor’ responsible for the area. She will continue in her role as the sponsor for ethnicity initiatives, with the magic circle firm operating a six-pronged system in […]

Job Watch: Construction

As one of the worst-hit sectors in the recession, construction might not seem an obvious choice for specialisation. However, there are signs that things are looking up, says Tarnjeet Purewal, a consultant at Red Law Recruitment. “The construction sector in the UK has grown at its fastest rate in nearly a year and, with the […]

SJ Berwin fills Angel’s non-exec role with ex-UBS banker

SJ Berwin has appointed a former senior UBS banker as a non-executive director in a move to replace Tony Angel following his departure to DLA Piper. Lucinda Riches joins the firm in the position previously held by former Linklaters managing partner Angel, who quit the City firm last year to join DLA Piper as senior […]

Andrew Woolfson

Know chance

New technology and greater awareness mean there is an opportunity to drive the development of knowledge management in law firms How has your firm’s attitude towards knowledge management changed in the past three years? Andrew Woolfson, director of knowledge management and capability, RPC: At RPC we’ve realised that to look at the firm’s knowledge and […]

Ken Clarke
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JCHR slams Ken Clarke’s ‘secret justice’ proposals

A report from the Joint Committee on Human Rights (JCHR) has condemned the Government’s ‘secret justice’ proposals, claiming they are a “radical departure” from British legal principles. MPs sitting on the JCHR have attacked Justice Secretary Ken Clarke’s Green Paper, which proposes extending the use of closed hearings to civil proceedings and inquests to allow […]

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