Wragge & Co turnover hits record high

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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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Legal widow

This is the week the Lawyer hopes to inflict his new suit on an unsuspecting world. He bought it during a weak moment in the sales, the time around 3pm when bargain blindness sets in and the pinstripes don’t look quite so wide or prominent as in the cold light of morning. I heard the […]

Asia: Forum

If everything goes to plan, in 2001 China will succeed to the World Trade Organisation (WTO). What this means in practical terms is that markets will open up to foreign investors. Firms are gearing themselves up to benefit – the first step for many has been to apply for licences to open further offices, meaning […]

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Mad for marketing

Manchester’s legal market has undergone a period of dramatic growth in the past year and some hard-nosed marketeers want a share of the credit. DLA, Eversheds, Halliwell Landau and Hammond Suddards Edge all increased their turnovers by more than 20 per cent, figures that no other regional centre can match. But there is a danger […]

Corporate

Finland-based Sanitec acquires Caradon Bathrooms, part of Caradon’s plumbing division, from HSBC Private Equity for £82m. Sanitec represented by Allen & Overy (Pervez Ahktar). HSBC Private Equity represented by Eversheds (Edward Pysden). Financial adviser Ernst & Young Corporate Finance.

Fitting the Bill

When even the railway system can’t make a man angry, he has to be the nicest lawyer around. Fiona Callister meets Martineau Johnson’s very agreeable senior partner elect Goodness me, William Barker is nice. The new senior partner elect of Martineau Johnson could be forgiven for being fairly crotchety as the wonders of the British […]

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