Financial Services

We advise a wide range of financial institutions including banks, asset managers, insurers, trading firms, price reporting agencies, brokers, financial advisory firms and other market participants on both contentious and non-contentious financial services law.

Non-contentious advisory

Our non-contentious advisory practice covers the lifecycle of regulatory issues including FCA authorisation, day-to-day compliance support, review of financial promotions and marketing materials, drafting business terms and conditions, advising on new product development and negotiating agreements with third parties including outsourcing, distribution agreements and trading documentation. We can also support our clients to prepare for significant legislative change that may affect them.

Our support on financial services compliance matters includes: interpretation of relevant law, regulation and guidance and its organisational implementation; policy production; policy frameworks generally; conduct, integrity and market abuse issues. We also advise frequently on whether activities fall inside or outside the “regulatory perimeter,” and regulatory change of control issues.

We are also investment fund and asset management specialists. We advise investors and asset managers on fund formation and investment, managed account and advisory agreements, and associated trading and other service provider arrangements.

Other areas we cover include: FCA and PRA Handbook matters; payment systems; individual accountability and the SMCR; outsourcing; banking; fintech; digital assets; financial promotions; client assets; banking; market conduct; systems and controls; exchange rulebooks; wholesale market regulations such as MiFID II, EMIR, SFTR and the Benchmarks Regulation. We also cover retail issues, such as consumer credit, retail lending, complaints and the consumer duty.

Our non-contentious advisory team is Jonathan Greenwold, Tom Hine and Jasmina Yang.

Contentious regulatory and investigations

Our contentious regulatory practice covers investigations, enforcement, complaints and whistleblowing. Tom Hine was previously Head of Enforcement at the London Metal Exchange, and prosecuted dozens of enforcement actions against financial market participants. He now brings that experience to bear in defence of clients who are being investigated by the FCA, exchanges and other regulatory bodies. Tom also assists clients with internal investigations, whistleblowing and complaints.

Our specialist in these areas is Tom Hine.

Our expertise in a range of further regulatory matters is detailed on the ESG, Compliance & Investigations page.

You can initiate a discussion about instructing us by contacting any partner directly, or by using the main office contact details at the bottom of the page if you prefer.