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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

City firm opts for Telemation

Alison Laferla reports City law firm Fox Williams is getting rid of its existing IT applications and “starting from scratch” with a firm-wide implementation of a new IT strategy known as Telemation. The Telemation programme was initiated by Irish technology management consultants The Coolfin Partnership. It aims to create an IT infrastructure in which telecommunications […]

Working out at working better

From lithe trainee solicitors trying to maintain their youthful fitness to tubby senior barristers seeking to shed fat as a New Year resolution, the legal profession is being consumed by the work-out bug. Lawyers are heading for the gym in increasing numbers as they realise that staying healthy makes them enjoy life more and perform […]

Germany's lawyers to get revamped code of conduct

German lawyers get a new code of conduct next month – nearly a decade after the German Constitutional Court declared the then code of conduct for German lawyers void. The new rules will allow advertising under certain conditions and will implement the Council of the Bars and Law Societies of Europe (CCBE) code of conduct […]

Surprise LCD move to cut Green Form

Legal aid practitioners are claiming thousands of people could be deprived of legal advice if the Government goes ahead with new proposals to remove criminal advice from the Green Form scheme. The Lord Chancellor’s Department has written to the Law Society asking for its comments on the proposed change, which has taken practitioners by surprise. […]

Doctors alerted by pill test case

A major question mark has long hung over the potential side effects of oral contraceptives, which have been blamed for a variety of long- and short-term ailments. Despite this, a major personal injury test case against a doctor who prescribed the brand of contraceptive pill called Logynon has ended in defeat for the claimant. The […]

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