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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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Quote of the week

“My greatest triumph was getting a one-eyed, one-legged, purple-haired defendant acquitted on an identity defence.” – Richard Gordon QC when asked by The Lawyer to list his professional achievements.

Human rights:where's the beef?

The Human Rights Act promises UK residents a truly democratic society for the first time. But, asks Matheu Swallow, is the UK ready for such a revolution? There are concerns that Britain’s judiciary is ill-equipped to cope with its new responsibilities. “Football’s coming home” was the unofficial anthem for the England World Cup squad of […]

'Brown field' service launched

AN environmental information company has launched a computerised land contamination checking service for solicitors acting in brown field property deals. Landmark Information launched the service – Home Envirosearch – last month. It provides solicitors with a report of the past and present uses of a piece of land and identifies any risks, such as leaked […]

Financing

Dick Russell of Titmuss Sainer Dechert advised architects David Marks and Julia Barfield on the development of the British Airways London Eye (previously known as the Millennium Wheel). Andrew Smith of Garretts advised sponsor British Airways and Sharon White of Stephenson Harwood advised operator The Tussauds Group. Christopher Brown of Masons acted for The Sumitomo […]

Book of the week

Blackstone’s Police Manual Indispensable for any young assistant solicitor who is out on a heavy night of drinking. Amaze your friends as you quote section 12 of the Licensing Act 1872 when the police stop you as you are leap-frogging parking metres, and get them to call your mother citing section 4 of the Protection […]

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