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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

Robert Armour: British Energy Group

After almost three years of uncertainty and non-stop legal wrangling, during which time British Energy battled the threat of insolvency proceedings, general counsel and company secretary Robert Armour can finally catch his breath. Armour and his team have been on the hop constantly since 2002, assisting on what has proved to be one of the […]

Freshfields to roll out M&A review to Germany

Freshfields Bruckhaus Deringer‘s hugely successful German corporate group has embarked on a wide-ranging review similar to that recently completed by its London counterpart. Along with Hengeler Mueller, Freshfields is acknowledged as one of Germany’s top two corporate practices. Consequently, the motivation for a practice review is considerably different from the London group, which told The Lawyer last […]

Lord Woolf joins CEDR

Lord Woolf is joining the Centre for Effective Dispute Resolution (CEDR) as a special advisor. The former Lord Chief Justice will also become chair of CEDR’s international Conflict Management Advisory Group, which launches this autumn, and he will join the panel of CEDR’s most senior dispute resolution experts. In a statement CEDR said that Lord […]

Nous trap

The use of restrictive covenants to keep hold of partners may do a firm more harm than good. Ronnie Fox and Aron Pope report

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