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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

Lawyers say courts could do better, reveals survey

LAWYERS remain dissatisfied with “many important aspects” of court services, says the Law Society. In response to a Court Service opinion survey of court users, the society says the results show “significant dissatisfaction with many important aspects of court services”. Phillip Sycamore, civil litigation committee chair, says: “In particular, lawyers are unhappy about the listing […]

IBA makes worldwide on-line connection

The International Bar Association has linked up with Lexis Counsel Connect as the provider of international on-line services to its 16,000 individual members worldwide. IBA members in 173 countries will be able to use LCC’s range of services, including email and access to legal databases, through their PCs. The association’s Simon Bolding says the main […]

Finers saves soldiers from Brunei death sentence

A LONDON firm of solicitors has helped secure the freedom of three soldiers who were sentenced to death in Brunei for allegedly exchanging guns for cough mixture. Finers partner Richard Curtin handled the successful appeal of three members of the Royal Brunei Armed Forces. The men had been sentenced to hang for illegally possessing firearms […]

Aviation expert flies to Paris

EX-WATSON Farley & Williams partner Deborah Clark has been appointed as a partner in the Paris office of Norton Rose. Clark, an aviation specialist, came over as a lateral hire at the end of March and was among six solicitors made up to partnership earlier this month. A former barrister she practised as a criminal […]

Hunt's legal bills queried

LAWYERS for the Quantock stag hunt are demanding payment for a barrister’s hunting trip as part of their £250,000 claim for costs against Somerset County Council. Sir Robert Carnwath QC, now a judge, made the outing with the Devon and Cornwall hunt in preparation to challenge Somerset’s attempt to ban the Quantock (pictured above). The […]

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