Woolf rules make their mark as courts usher in civil reforms

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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

The end of contingency fees?

Dan Brennan (left) welcomes proposals which may prevent lawyers from entering into contingency fee agreements in potentially contentious matters. The Lord Chancellor, Lord Irvine stated in the House of Lords in February: “I do not want to see contingency fees introduced in relation to cases before the courts… contingency fees are at common law unlawful […]

Property

Cameron McKenna has acted on the property aspects of the acquisition of English & Overseas Properties by Quintain Estates and Developments for a reported sum of u33m in shares and cash. Property partners Jon Vivian (pictured) and Mark Heighton acted for English & Overseas, while Nigel Heilpern and Keith Hutchison of Nabarro Nathanson acted for […]

Financings

White & Case advised the Hungarian government on a $US500m global bond issue – the first by a central European country and the largest dollar-denominated issue by the Hungarian government. Partners Maureen Brundage (New York) and Michal Dlouhy (Prague) led the transaction.

1

Lovell White Durrant wins govt PFI contract

Lovell White Durrant has won a contract from the Inland Revenue and Customs & Excise to advise on a forthcoming public-private partnership. The firm beat off competition from 30 other firms, of which five were invited to tender and three short-listed for interview. Bids were subjected to an economic appraisal to ensure the firm selected […]

Partners on the move…

Jeremy de Souza, who has been the lead tax specialist at London law firm Farrer & Co for 25 years, is moving to White & Bowker, based in Winchester, at the beginning of May. A specialist in property taxation, de Souza is the general editor of Land Taxation. Gouldens has announced the appointment of three […]

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