Walsall head loses department and job

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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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Labour to review planning law

Cyril Dixon reports THE CONDUCT of lawyers is to be scrutinised in an extensive review of planning law set up by Labour. Shadow planning minister Keith Vaz is heading a panel which will look at the cause of delays, costs, confusion and anomalies in the system. Vaz says that one of the key areas to […]

DTI calls last orders on S&N brewery bid

Scottish & Newcastle’s £425 million bid for Fosters-owned Courage, the mega brewery deal involving Freshfields and Linklaters & Paines, could be delayed by Government proposals for company undertakings. The DTI’s undertakings aim to ensure the newly-formed business will conform to Government policy relating to pub property ownership, as set out in the MMC’s Beer Orders. […]

Sullivan & Cromwell opens Frankfurt 'finance' office

NEW YORK firm Sullivan & Cromwell has opened its first German office in the finance capital of Frankfurt. Launched on the back of a sizeable contract as US counsel to the global co-ordinators and international underwriters for the privatisation of Deutsche Telecom, the Frankfurt office is permanently staffed by two lawyers, including office head and […]

Linklaters usurps Ashursts at SNC

LINKLATERS & Paines’ reward for ground-breaking legal work on Merrill Lynch’s takeover of top UK market-maker Smith New Court (SNC) is expected to yield a business windfall after SNC is integrated into the US giant. Ashurst Morris Crisp which, after many years of advising SNC, including on the Merrill Lynch £526 million acquisition, is likely […]

Businessman touts Green Form work

BUSINESSMAN who is the subject of a Green Form fraud inquiry has set up “consultancies” to introduce legal aid clients to law firms. Peter Lane, a self-styled business “organiser”, has consultancy arrangements with three firms of solicitors. Under the arrangements, he is paid to “find” clients. The firms then carry out the work and claim […]

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