The Lawyer Inquiry: Sir Philip Rose

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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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CONFERENCE PREVIEW

The ABA conference will play host to the former chair of the US Joint Chiefs of Staff who will be speaking on ‘The management of crisis and change’. The former White House press secretary may impart useful information gleaned from a recent stint with President Clinton. As Clinton is aware, the media plays a dominant […]

In brief: Westminster University sets up law centre

A new Centre for the Study of Law, Society and Popular Culture is being established by the University of Westminster School of Law. Funded by the university, the centre will aim “to establish a thriving centre of academic excellence in both teaching and research within a multi-disciplinary context” and “to promote the study of the […]

In brief: Top BCCI lawyer heads to Biddle & Co

BCCI lawyer Chris Mallon is moving from Lovell White Durrant to become a partner at Biddle & Co. Mallon, an assistant at Lovells, was a core member of the team working on the BCCI liquidation responsible for overseeing the creditors’ meeting at Wembley Arena, and the English court hearings for approval of the Abu Dhabi […]

Bar conducts democracy shake-up

A BAR working party on democracy holds its first meeting this week amid rumblings of discontent among some barristers who accuse the ruling council of being unaccountable to its electorate. The working party, headed by treasurer Michael Blair, follows the Bar AGM in June when some members called for the meeting’s motions to be made […]

Moving in on new territory

Patrick Stewart examines the battle raging between UK and US lawyers to establish ascendancy in Eastern Europe Answering Eastern Europe’s desperate call for help to rebuild viable legal systems from the rubble of communism, US law firms have grabbed the initiative from other international firms by swiftly moving to set up offices in the region. […]

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