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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

Deal of the week – Cantrell & Cochrane

Dicksons and McCanns tuck into C&C flotation Dickson Minto has secured a key role in Ireland’s largest initial public offering (IPO) of the year, the dual flotation of Cantrell & Cochrane (C&C) on the Dublin and London stock exchanges. Top Irish firm McCann FitzGerald and Matheson Ormsby Prentice are also involved for C&C and the […]

Mediate action

Mediation is not always the best solution. Michel Kallipetis QC and Colin Manning describe how the Court of Appeal’s process needs to change if it is to become standard practice On 20 March 2002, the Lord Chancellor’s Department published a further report in its Research Series entitled “Alternative Dispute Resolution in Commercial Cases and in […]

Fulbright opens German office in European debut

Houston-based Fulbright & Jaworski has opened an office in Munich, giving the firm its first presence in Continental Europe The move also makes it the first Texan-based firm to open an office on the Continent.The office will not compete with German firms but will instead advise its German-speaking clients on US law.It will be headed […]

Fried Frank man joins Mayer Brown Paris

Mayer Brown Rowe & Maw in Paris has hired Fried Frank Harris Shriver & Jacobson of counsel Thomas Moore Moore joins the firm as a partner and it is thought that he will bring the leading French biomedical company bioMerieux with him as a client.

Deloittes courts Garrigues as part of Andersen link

Garrigues, the Andersen Legal Spanish firm that cut its ties with the accountant last week, has been asked to join the Deloitte Touche Tohmatsu network Andersen’s Spanish auditing arm is already signed up to a merger with Deloittes, which is now holding out for Garrigues to come in as part of the deal.“Deloittes has made […]

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