With the complexity and the ever increasing nature of regulatory requirements within financial services, our team has gained a real insight into the thinking of the regulators.
The team has significant experience in advising on complex disputes relating to financial instruments and banking litigation. We act for regulated firms and individuals, both for and against the regulators, including the Financial Conduct Authority (“FCA”), the Prudential Regulation Authority ("PRA") and the Financial Reporting Council ("FRC").
We have extensive experience in advising the insurance industry. Our team frequently advises on prudential matters, regulatory perimeter issues, the approved persons regime, systems and controls requirements, and business transfers. The team also has a particularly strong track record advising the insurance market on matters concerning bribery and corruption, fraud, sanctions and AML/CFT. This has involved working with and defending clients involved in matters concerning the FCA, Lloyd's of London, HMT/OFSI, National Crime Agency, City of London police and US authorities (OFAC, DoJ, SEC and FBI).
Our team also specialises in fraud and asset recovery actions. Our clients include individuals and authorised individuals, financial institutions, investment houses, regulators, leading Investment banks and insurers, insurance intermediaries and reinsurers.