In today’s increasingly complex and highly regulated financial markets, providing finance and giving security within the insurance sector continues to be challenging.
In today's increasingly complex financial markets, our dedicated banking and finance practice is well placed to advise both borrowers and lenders on the issues that surround the re/insurance industry. Undertaking a measure of due diligence, and then understanding the impact of the proposed financing and strength of the security to be given or obtained, is vital to a successful lending. Clyde & Co has a unique perspective on this and is therefore able to ensure that the expectations of both lenders and borrowers are met.
Our client base extends across the financial and insurance sector including banks, building societies, finance boutiques, insurance brokers, insurers, underwriting agents, capital providers, export credit agencies and asset managers.
Our banking and finance team has already amassed considerable experience of providing advice to large and complex organisations but we also have several distinctive features which together set us apart in our legal offering. These include our specialist knowledge of Lloyd’s, the PRA and FCA and the regulatory framework that the UK insurance industry operates in and how this impacts on banking and finance transactions within the industry and our specialist experience of the structural and regulatory aspects of the Islamic insurance sector (Takaful), including in relation to issues of Shari’a compliance.
Our wide ranging expertise includes the following areas:
We place as much emphasis on practical experience as on our legal know-how. Our strengths lie in our determination to get to know our client's insurance business from the bottom up, our commitment to providing maximum efficiency at competitive prices and our truly seamless and global service.
Acting for a wealth management firm in respect of multiple customer complaints concerning advice given to invest in an unregulated collective investment scheme (a fund of hedge funds). We advised on communications with customers and the FOS and have assisted with the design and implementation of a scheme (for approval by the FCA) to compensate all customers who fit within certain defined parameters
Acting for IFAs in claims by clients and the FSCS arising out of the collapse of Keydata Investors who have lost all of their funds
Acting for an IFA on a claim brought by a household name against his former financial adviser in relation to a series of unregulated investments made across the world
Acting for a wealth management firm in relation to civil and regulatory exposures arising from pension switching advice in which customers were advised to switch from occupational to personal pensions
Acting for a well known national IFA network in relation to a series of frauds committed by an adviser
Defending claims in respect of mortgage products and a number of cases in respect of alleged negligent mis-selling of home and equity release schemes
Acting for insurers of a firm of IFAs, in a claim alleging negligent advice in relation to high risk investments following the sale of shares. The case raises novel issues about the duties of care owed to investors who do not wish to invest in traditional types of investment such as equities and bonds
Acting for a global law firm in a multi-party claim following tax and M&A advice provided in the course of the acquisition of a UK publishing business.
Acting for a wealth management firm in respect of multiple customer complaints concerning advice given to invest in an unregulated collective investment scheme (a fund of hedge funds). We advised on communications with customers and the FOS and have assisted with the design and implementation of a scheme (for approval by the FCA) to compensate all customers who fit within certain defined parameters
Acting for IFAs in claims by clients and the FSCS arising out of the collapse of Keydata Investors who have lost all of their funds
Acting for an IFA on a claim brought by a household name against his former financial adviser in relation to a series of unregulated investments made across the world
Acting for a wealth management firm in relation to civil and regulatory exposures arising from pension switching advice in which customers were advised to switch from occupational to personal pensions
Acting for a well known national IFA network in relation to a series of frauds committed by an adviser
Defending claims in respect of mortgage products and a number of cases in respect of alleged negligent mis-selling of home and equity release schemes
Acting for insurers of a firm of IFAs, in a claim alleging negligent advice in relation to high risk investments following the sale of shares. The case raises novel issues about the duties of care owed to investors who do not wish to invest in traditional types of investment such as equities and bonds
Acting for a global law firm in a multi-party claim following tax and M&A advice provided in the course of the acquisition of a UK publishing business.
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