Stevens & Bolton

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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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MacRoberts

UK 200 Position: 106= Turnov… Position: 112Firm: MacRoberts Turnover: £18.0mRevenue per fee-earner: £121KRevenue per lawyer: £247KRevenue per partner: £439KTotal number of fee-earners: 149Total number of qualified partners: 73Total number of partners: 41Total number of female partners: 0Total number of staff: 0

BarFutures pair in bid to cut out chambers

Former 7 Bedford Row chief executive Stephen Allen and ex-Peel Court CEO Ian Dodd have launched BarFutures – a post-Clementi service that aims to cut barristers’ expenses. The service seeks to remove the expenses related to clerks and chambers’ ­contributions. While the barristers who join the company will be able to work from home, BarFutures […]

Sif and sound

Luxembourg’s practice of protecting investors’ interests through strict regulatory controls is standing it in good stead as the credit crunch bites deeper, says Ben Moshinsky In London and New York the phrase ‘credit crunch’ accurately describes the sound of bankers and lawyers chewing nervously on their fingernails. But so far the sound has not yet […]

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Going Overy the top…

In Hungary, Allen & Overy’s management seems to ­prefer getting its hands dirty directly. So much so that senior ­partner David Morley has named the firm’s local ­subsidiary Morley Allen & Overy Iroda. This is ­apparently a longstanding tradition in Hungary, as his ­predecessor Guy Beringer had christened the firm Beringer Allen & Overy Iroda. […]

Harper MacLeod

UK 200 Position: 141= Tur… Position: 134Firm: Harper Macleod Turnover: £14.2mRevenue per fee-earner: £117KRevenue per lawyer: £192KRevenue per partner: £346KTotal number of fee-earners: 121Total number of qualified partners: 74Total number of partners: 41Total number of female partners: 9Total number of staff: 232

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