Financial services and regulation

Our global financial services regulatory practice helps our clients navigate the evolving and increasingly complex regulatory environment. We advise on how to improve, enhance and structure businesses in more efficient and commercial ways: complying with relevant requirements while seeking to reduce regulatory burdens and take opportunity from change. With a multidisciplinary team of lawyers, risk and compliance professionals and government relations and public policy strategists, we provide clients with a holistic approach, combining deep legal and regulatory knowledge with practical industry experience to deliver practical and commercial solutions.

"They are so pragmatic - they really think about how things will impact our business, going beyond pure legal into the practical business concerns." Chambers UK, 2019

We cover wholesale and retail financial services both within and outside the financial sector, and are structured around our core regulatory strengths: banking, markets infrastructure, commodities, asset and wealth management, insurance and FinTech. Our practice has built a leading reputation in the wholesale markets space and is recognized as being one of the only global legal practices with a significant retail focus.

Part of our financial services regulatory practice is our regulatory compliance consulting team, comprised of risk and compliance professionals who work in tandem with our lawyers to bring clients a deeper level of service and knowledge. We advise and support senior management, compliance functions and front line businesses to develop, enhance and embed their regulatory frameworks and control environments and have extensive experience advising clients on a range of sophisticated, cross-border compliance, regulatory and risk control matters.

We also offer a government relations and public policy (GRPP) team, which offers clients a unique mix of policy, process and sectorial experience and works with clients throughout the entire legislative process, from initial objectives and drafting new law to implementing measures and application.

Our team is closely involved with global regulatory reform and has extensive experience working in the industry and with the world’s leading financial regulators, including the HM Treasury, the UK Financial Conduct Authority (FCA), the UK Prudential Regulation Authority (PRA), the US Securities and Exchange Commission and the US Commodity Futures Trading Commission. This gives us real insight into how the regulators think and work, as well as how regulatory policy is formed, turned into legislation and then supervised.

With offices in more than 50 cities worldwide, we are well positioned to help clients wherever they conduct business, offering extensive experience and knowledge of regional and international regulations and laws.

Our areas of work include

  • Asset and wealth management
  • Authorizations
  • Banking and finance, including banking regulation
  • Change in control
  • Custody and client money
  • Documentation, including compliance and contractual
  • Financial crimes
  • Financial institutions
  • FinTech and RegTech
  • Fixed income, currencies and commodities
  • Government relations and public policy
  • Individual accountability, including senior management and corporate governance
  • Investment funds
  • Market conduct and benchmarks
  • Market infrastructure and post-trade
  • New product launches
  • Regulation and investigations, including broker deal, consumer and mortgage, derivatives, payment services, prudential, regulatory risk, securities and compliance
  • Sanctions and controls, including anti-money laundering
  • Sourcing and technology
  • Structured trade and commodity finance
  • WTO and international trade

Awards and accolades

  • Chambers UK, UK-wide: Financial Services: Contentious Regulatory (Corporates), Chambers and Partners, 2019
  • Chambers UK, UK-wide: Financial Services: Non-Contentious Regulatory, Chambers and Partners, 2019
  • Legal 500 UK, London: Financial Services, The Legal 500, 2019

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