The Lawyer Inquiry: Katie Paxton

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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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Litigation Disciplinary Tribunals 3/3/98

Neil Harget, 43, admitted 1992, practising at material time on own account as The Harget-Dash Partnership, Stratford, London E15, suspended for indefinite period and ordered to pay £864 costs. Allegations substantiated that he failed to keep properly written accounts or produce books of account for inspection, practised as a solicitor without a practising certificate and […]

Allen & Overy's NYC office to grow

ALLEN & Overy is expanding its New York office as part of a drive to increase its global presence of US-qualified lawyers. The firm doubled its New York office space currently home to three partners, one senior counsel and 16 lawyers a week ago, by taking up extra office space at its premises, and is […]

Lovells' and BCCI liquidators' fees to get independent scrutiny

BCCI creditors are to appoint a watchdog to oversee the liquidators and their lawyer, Lovell White Durrant, after they ran up fees totalling $313m over the past seven years. A report to the Department of Trade and Industry last December revealed that legal fees up to January 1997 totalled $94.5m. This figure includes counsels’ fees […]

Hungary tightens its grip on foreign firms

The European Commission will meet the Hungarian government this week to discuss the new law proscribing the activities of foreign lawyers. The bill, passed by the Hungarian parliament last Tuesday, requires foreign firms to form an association with a local firm and share its premises. Foreign lawyers will not be allowed to practise Hungarian law. […]

Govt to shake up Family Court welfare Service

The Government has announced a major shake-up of the family court welfare service, a move widely welcomed by family lawyers concerned at the low profile the service has enjoyed under the supervision of the Probation Service. Geoff Hoon, Parliamentary Secretary at the Lord Chancellor’s Department, set out the government’s plans for the service in his […]

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