The outlook for 2014: Competition/antitrust

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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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No5 Chambers’ James Doyle defends man against dangerous driving charge

James Doyle of No5 Chambers has defended James Barber, 31, of Smethwick, who has been cleared of dangerous driving.  Barber denied a charge of driving his Peugeot along Chapel Street in Kidderminster town centre in a dangerous manner when he hit brothers Ricky and Luke Stokes, who were out drinking. Ricky and Lee Stokes were […]

Allen & Overy’s Madrid office hosts Spanish Arbitration Club event

On 13 December 2013, Allen & Overy’s Madrid office will host a meeting of the under-40s group of the Spanish Arbitration Club. Elena Gutierrez, leading counsel of the Madrid Court of Arbitration, will speak on best practices in international arbitration and what not to do. The event has been organised by senior associate Jose Luis Terron and associate Victor Bonnin from Allen & Overy’s global […]

Introduction of new-build empty property relief on 1 October 2013

The relief is available at the discretion of the relevant local authority under the powers granted to it at section 47 of the Local Government Finance Act 1988. The qualifying criteria are as follows: the property must be an unoccupied, non-domestic property comprised wholly or mainly of qualifying new structures; and the construction of the […]

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