Squire Sanders announces 30 US job cuts

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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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Slaughters advises on Santander rights issue

Slaughter and May has teamed up with best friends Davis Polk and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughter and May has teamed up with best friends Davis Polk & Wardwell and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughters corporate partner Roland Turnill (pictured) has […]

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UK lords at US firms: Lords on board

The arrival of a couple of UK Law Lords at two US firms, when set against the ­cataclysmic events of the past couple of months, may seem small beer. But in the context of the transatlantic legal market, the hire by Debevoise & Plimpton and Gibson Dunn & Crutcher of Lords Goldsmith and Falconer respectively […]

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Black Solicitors Network elects new chair

The Black Solicitors Network is due to elect a new chair at its AGM tonight (17 November). Vice-chair Cordella Bart-Stewart of North London firm Stewart & Co will succeed Michael Webster of Webster Dixon. The network is at the forefront of promoting diversity in the profession and has just published the third ­edition of the […]

Bar divided over latest diversity requirements

A row has erupted over Attorney General Baroness Scotland’s equality and diversity expectations for Treasury counsel, with members ;of ;the ;bar ­claiming it could lead to chambers being forced to quit the Government panel. The expectations have been amended to include a requirement that all ­chambers are monitored for equality and diversity, even if only […]

Bevan Brittan hooks up with Kent Council

Bevan Brittan is set to launch a groundbreaking partnership with Kent County Council’s (KCC) legal team to target work from the healthcare sector. The firm is teaming up with the council’s lawyers to offer the full range of legal services to NHS trusts. Under the scheme KCC Legal will handle volume work such as property, […]

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