Simmons expands core sector focus as part of three-year plan

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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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Daily Mail publisher splits legal function following departure of legal director

The internal legal team at Associated Newspapers have been split into two groups, focusing on commercial and editorial respectively. The newspaper group has made the changes in the wake of group legal director Harvey Kass’s departure last year (22 November 2012). Kass oversaw the entire operation as head of legal for 17 years, but Associated […]

Nuclear testing case ran aground due to the Limitation Act

Case of the week: Civil procedure

AB v Ministry of Defence (2012) UKSC 9. Supreme Court. Lord Phillips LCJ; Lord Walker JSC; Lady Hale JSC; Lord Wilson JSC; Lord Mance JSC; Lord Kerr JSC; Lord Brown JSC. 14 March 2012 It was a legal impossibility for a claimant to lack such knowledge after they had issued proceedings.Appeals dismissed The appellants challenged […]

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China’s Broad & Bright joins MSI Global Alliance

Chinese firm Broad & Bright has signed up to MSI Global Alliance, an international association of 250 independent accounting and law firms. Broad & Bright, which has 16 partners and 47 lawyers based between Beijing and Shanghai, is one of the country’s fastest growing firms. It has maintained an average annual revenue growth rate of […]

Linklaters advises on Game Group administration

Linklaters has leveraged its longstanding relationship with PricewaterhouseCoopers (PwC) to win an appointment as legal adviser to the administrators of Game Group. City banking partner Bruce Bell and associate Richard Hodgson are advising PwC partner Mike Jervis, the administrator of the troubled video and computer games retailer. Linklaters advised PwC partners on the administrations of […]

Slaughters to review Aussie relationships if Links-AAR alliance goes live

Slaughter and May is preparing to overhaul its relationships with Australian firms if Linklaters goes ahead with an exclusive alliance with local leader Allens Arthur Robinson (AAR). Linklaters and AAR are both set to vote next month on a tie-up – first reported by The Lawyer last month (28 February 2012) – that would see […]

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