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Financial services

The financial marketplace is an increasingly complex environment, particularly where regulation and the law are concerned. Our financial services experts advise UK and international commercial and investment banks, investment managers, mortgage brokers, insurers, and other key players in the FS markets on legal and regulatory developments, assisting them in structuring and operating their businesses in accordance with compliance requirements.

Working with our international legal network, we provide integrated advice to assist our clients in expanding their business and product offerings across multiple jurisdictions.

As governments and regulators seek to address the causes and consequences of the international financial crisis, European and UK financial services will face a raft of new legislation and regulation affecting virtually every aspect of their business. The output of recent G20 meetings, the De Larosière report and the Turner review all point towards a significantly increased regulatory burden. We are assisting our clients in getting to grips with these and other new legal and regulatory developments, analysing the implications for their businesses and helping them implement the necessary measures to strengthen their businesses and product offerings.

We work closely with experts from the PricewaterhouseCoopers international network of firms, covering areas such as financial services regulation, tax, business assurance, corporate finance, risk management and management consultancy, providing us with a full understanding of our client's situation and an ability to provide real commercial solutions.

Our services

  • Advising on regulatory initiatives, including:
    • Turner review
    • FSA remuneration proposals
    • Proposed Alternative Investment Fund Managers Directive
    • Treating Customers Fairly
  • Advising on EU and UK financial services regulation and compliance matters, including:
    • Regulated activities, perimeter issues and passporting
    • Conduct of business
    • Supervision
    • Senior management responsibilities and directors' duties
    • Approved persons regime
    • Training and competency
    • Financial promotion
    • Collective investment schemes
  • Launching new financial services businesses, including FSA authorisations
  • Developing and implementing new products, such as investment funds
  • Implementing significant organisational change including MiFID, M&A and corporate re-organisations
  • Advising on contentious regulatory matters, including section 166 reports and enforcement actions

Related areas

Contact details
Email: Laura Cox
Tel: +44 (0)20 7212 1579

Email: Richard Brady
Tel: +44 (0)207 804 7003

Email: James Greig
Tel: +44 (0)20 7213 5766

Contacts

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+44 (0)207 212 1616