The Budget 2012

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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

Help the aged

It’s hard enough being told you might lose your job as an established magic circle associate. But to be told you’re being replaced by trainees and newly qualified lawyers (NQs) is something else. This is what Clifford Chance has intimated by highlighting the context of its 13-lawyer consultation round. The proposed redundancies, it says, are […]

Simon Twigden

Enyo Law bolsters partnership with Bond Pearce hire

Litigation boutique Enyo Law has hired a partner from Bond Pearce, taking the total number of members at the niche firm to 10. Anna Maxwell, who covers both litigation and international arbitration, has joined Enyo as a partner, having been a partner in Bond Pearce’s commercial dispute resolution team, specialising in energy. Before joining Bond […]

SNR Denton Abu Dhabi partner takes charge of Kuwait office

SNR Denton has named Abu Dhabi partner Stuart Cavet as managing partner of its Kuwait office, replacing David Pfeiffer, who resigned from the firm in October. Energy specialist Cavet joined legacy firm Denton Wilde Sapte from Simmons & Simmons in the summer of 2010 and will relocate to Kuwait to take on the leadership role. […]

Federal agencies and Congress accelerate defence against cyber attacks — every private company will be affected

By John A Merrigan, Lawrence E Levinson and Sydney M White Online espionage has become a common threat for US corporations. FBI director Robert Mueller said: ‘There are only two types of companies — those that have been hacked and those that will be.’ The problem for companies is serious and goes beyond espionage by competitors and foreign […]

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Which one of these are you?

The SRA wants to put you in a ’compliance category’. Which one describes you? According to the SRA, you are one of these: “Unconsciously compliant people: those who do not know the rules very well and who unknowingly comply with them (for instance, because they copy other behaviour, such as people do in traffic). Unconsciously […]

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