White & Case instructed by banks on major Oman scheme

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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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A sea of change

As the European Union steps up its control over the shipping sector with a host of new regulation, specialist law firms are in greater demand. Ricardo Celli reports

Legal aid

From being on the front line to planning long-term strategies, Oxfam’s in-house lawyer Joss Saunders is one man who knows how to make a difference. Emma Vere-Jones reports Four young children huddle round a computer screen, engrossed in pictures of flies on food. Their ‘classroom’, where the current lesson concerns hygiene, is in the Katha […]

Bridge over troubled waters

Despite the perception, SiâFellows says that the shipping sector does realise the benefits of ADR and providers are getting ready for a dramatic increase in mediation.

Clear as mud

Lawyers, bless them. Now that must be the third time in as many weeks that Tulkinghorn has uttered those words. This week’s subject is Kimbells, which has just become a limited liability partnership (LLP). The brave souls – all that financial transparency is frightening stuff. But not for senior partner Stephen Kimbell. When asked his […]

Somatra: top SRT man 'lied' to client

Firm faces £9m bill; Morison J slams ex-SRT chief and Stephenson Harwood partner Sinclair Roche & Temperley’s former senior partner Harvey Williams was found to have deceived, and on one occasion lied, to his client in the professional negligence case that last week left the firm facing a liability of £9m.The damning judgment also found […]

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