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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

Geldards pokes head above bushel

Geldards had a tremendous year, with turnover hitting £25.9m (up by around 16 per cent) and its average profit up to £240,000. “Who?” you say. Geldards, based out of Wales and the East Midlands, is perhaps not the most glamorous firm, and is certainly not the most high profile, but lights can be hidden. You […]

Glaxo scoops King & Spalding partner to head IP

GlaxoSmithKline has hired a new global head of IP, scooping King & Spalding partner Sherry Knowles. Knowles will join as senior vice president and global head of the corporate intellectual property division in September, replacing David Roberts who is retiring. Before qualifying as a lawyer, Knowles spent several years at SmithKline Beecham as a pharmaceutical […]

Paul Weiss swoops for Shearman finance chief

Paul Weiss Rifkind Wharton & Garrison has poached Shearman & Sterling’s structured finance chief for its New York office. Robert Zochowski joins Paul Weiss as a partner in its finance group. His practice focuses on complex structured finance and securitisation transactions, with a particular focus on assets such as films, patent royalties, and energy. He […]

Computer gains

New learning tools can offer an enhanced experience for students, but they should be used with caution, says Peter Crisp E-learning is now a key feature of the legal education landscape. The term ‘e-learning’ is a catch-all one, used to cover anything from searching the internet to an MBA programme delivered entirely online. Even the […]

DLA wins BoS-Reuben role on £1.1bn McCarthy & Stone offer

DLA Piper Rudnick Gray Cary is acting for Mother Bidco, the consortium which has pushed aside a rival bidder to place recommended offer for retirement home developer McCarthy & Stone. Manchester corporate partners Paul Rimmer and Jonathan Watkins are advising the consortium which consists of Bank of Scotland, the Reuben brothers and Sir Tom Hunter. […]

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