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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

Garrett's IP founder pulls up stumps and moves on to establish own firm

THE FOUNDER of Garrett & Co’s Reading intellectual property department has handed in his notice to set up his own firm. Marcus O’Leary’s resignation comes just over a year after his move to the Garrett & Co office from its Reading neighbours Pitmans. Both Garrett & Co and O’Leary stress his departure is entirely amicable, […]

Financings

Shorco Group was advised by Lupton Fawcett in a 1-for-3 rights issue to raise u1.4m

In brief: Morgans dinner sings opera's praises

Cardiff firm Morgan Bruce is sponsoring a dinner to raise funds for the 50th anniversary celebrations of the Welsh National Opera. The dinner, to be held at London’s Inter-Continental Hotel on 19 April, will feature a performance from soloist Rebecca Evans and WNO musical director Carlo Rizzi. The dinner is the first in a series […]

Merger links systems

* Following Morgan Bruce’s merger with Binks Stern, the combined firm is upgrading its IT and has opted for an Amicus practice management system from Admiral Legal Systems. The initial user base will increase from 245 users to over 300 by the end of 1995, spread across the firm’s offices in Cardiff, London and Swansea.

In brief: Midlands focus correction

We wish to point out that the town and county planning group based at 5 Fountain Court, Birmingham, is headed by QCs Harry Wolton and Martin Kingston, and not QCs Jeremy Cahill and Roger Giles as stated in our Midland focus feature ‘Set to take on London’ published in The Lawyer 4 April.

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