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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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Julian Yarr
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Ireland’s A&L Goodbody forges links with dozen Chinese firms

Irish firm A&L Goodbody is seeking to gain a foothold in the Chinese legal market by inking agreements with 12 Chinese law firms to facilitate Sino-Ireland cross-border transactions. The agreements, which were signed yesterday in Beijing in the presence of Irish prime minister Enda Kenny, will see lawyers from the Chinese firms take part in […]

Swiss roles

Meyerlustenberger Lachenal union gives firm a presence in Zürich and Geneva Back in 2010 the talk of the Swiss legal market was the high-profile split between the Geneva and Zürich offices of local firm Pestalozzi. Pestalozzi was formed through a merger in 2001, but never fully integrated financially, and the Geneva partners wanted to focus […]

Ten firms win spots on panel serving 300 sporting bodies

Ten law firms have been picked for the inaugural legal panel serving 300 national governing bodies of sport. Last September, Sport England recognised that recreational bodies were finding it difficult to access legal services because of the cost. It joined UK Sport, Sport Wales and the Sport and Recreation Alliance to establish a joint panel […]

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Osborne Clarke repositions as European firm with local mergers

Osborne Clarke is to merge with its Spanish and Italian Alliance partners, Osborne Clarke Spain and SLA Studio Legale Associato, as it dismantles its formal European alliance with the aim of transforming into a standalone European firm. Managing partner Simon Beswick said the firm would loosen its formal alliance with Belgian-based De Wolf & Partners, […]

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Star of Africa

Fresh from a round of bank restructuring, lawyers in Nigeria are eyeing up the myriad opportunities in their increasingly middle-class country In the past few months Nigeria’s law firms have been playing host to an increasing number of international players. Global names such as Clifford Chance and Norton Rose have been spotted in Lagos, trying […]

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