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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

In brief: Nicholson Graham & Jones

Nicholson Graham & Jones has helped Frank Warren settle another dispute without going to the courts. A dispute between Warren and WBC World Super-Middleweight Champion Richie Woodhall was settled in two days with the Centre for Dispute Resolution acting as mediator. Richard Cramer of specialist sports solicitors McCormicks in Leeds represented Woodhall.

In brief: Cloisters Chambers

Cloisters Chambers has appointed its first chambers director following an internal shake-up. Freelance management consultant Vanessa Peters joined Cloisters last week. Peters, a former solicitor, practiced in the areas of administrative law, crime and general civil litigation. Leading property set Falcon Chambers is also looking to appoint a chambers director and is offering a salary […]

Case of the week

Mardi Gras bomber Edgar Pearce was finally convicted. Chiswick resident Pearce, who was described during the trial as posing a threat comparable to the IRA, planted home-made bombs as part of a motiveless series of offences, including blackmail, causing an explosion, possession of firearms and unlawful wounding.

Frank Ilett and Bruno Augustin discuss the Competition Act

Frank Ilett and Bruno Augustin are both members of Ernst & Young’s Litigation Support Services Group. Imagine that you run the only petrol station on a remote island off Scotland, with a captive market of motorists who cannot easily obtain their fuel anywhere else. If you are charging higher prices than mainland suppliers, you may […]

Legal chief quits Pearson as media giant eyes US market

Pearson, the international media giant, has parted company with its head of legal as it refocuses its operation towards the US. Group legal director and company secretary Paul Vickers has already left the company but a replacement has yet to be found. Pearson is now looking to recruit a US-qualified lawyer to replace Vickers as […]

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