Squire Sanders set for Singapore launch with licence approval

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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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Divorce: the blame game

No-fault divorces would help maintain the mediation-based approach lawyers have developed  Sir Nicholas Wall, president of the High Court Family Division, recently announced that in his opinion the time had come for ’no-fault’ divorce.Many specialist family lawyers will agree. The requirement to apportion blame is outdated and counter-productive in the setting of the overall […]

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Dewey exits continue as New York partner heads to Mayer Brown

Dewey & LeBoeuf is understood to have lost another partner to Mayer Brown with the departure of corporate finance partner Richard Spitzer. Spitzer has become the third partner to leave Dewey for Mayer Brown within the space of a week, according to the Wall Street Journal. Mayer Brown announced last week that Dewey structured finance […]

Audrey Strauss

Alcoa appoints Fried Frank partner as chief legal officer

US aluminium group Alcoa has appointed Audrey Strauss as its new chief legal officer, succeeding retiring incumbent Kurt Waldo. Strauss will join Alcoa from the New York office of Fried Frank Harris Shriver and Jacobson, where she is currently a senior litigation partner. She will assume her new role on 1 May and will also […]

Field Fisher moots external investment for personal injury arm

Field Fisher Waterhouse (FFW) is considering taking outside investment to fund its high-cost personal injury and medical negligence business in a move to reduce the amount of partner capital spent on the practice. The firm is weighing up seeking bank funding to finance the high-ranking practice as a way of meeting its considerable financial needs […]

DLA and Reed Smith gain partners from Dewey departures

Dewey & LeBoeuf has lost another partner to DLA Piper and a second to Reed Smith, taking the number of firmwide partner exits to more than 50. Corporate partner Prakash Paran has quit the firm’s London office for DLA Piper, taking two of his colleagues, associates Roger Loo and Melanie James, with him. The co-head […]

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