Trowers & Hamlins raises Oman stakes

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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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Shameless plug of the week

Rising political genius and plucky representative for Hendon, Andrew Dismore MP, cunningly referred Lord Chancellor’s Department Minister of State Geoff Hoon to The Lawyer during House of Commons question time. Dismore asked Hoon to react to an article on the cost of administering the QC system, published in The Lawyer on 15 February.

Halliwells sets sights on City base

Manchester practice Halliwell Landau is poised to open a London office following the trend established by its main regional rivals, Addleshaw Booth & Co, Hammond Suddards and Dibb Lupton Alsop. It is believed the move will be finalised by the end of this week. It will have the capacity for expansion, but will initially be […]

It's been a bad week for…

Edward Bentley. A court heard how the former solicitor lost u30,000 when shares he had invested in collapsed. The Cleveland solicitor’s solution was to steal $64,000 from a client’s mortgage account and jet off to Monte Carlo in a bid to place a one-off break-the-bank bet at a casino. After discovering the casino no longer […]

SIF debacle threatens Law Society's future

At first people got angry. Then they started to laugh. Now they are getting hysterical and turning to the law to try and get their own way. The row over the Solicitors Indemnity Fund (SIF) has had more twists, turns, victims and villains than a John Grisham novel. We only wish it was even half […]

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