Advising banks, brokers, financial institutions, exchanges, clearing houses and corporates on business structure, ongoing compliance and other advisory issues

Authorizations and licensing of new businesses.

Change of control and management / governance.

Client agreements / terms and conditions of business.

Policies and procedures.

Conduct of business.

Regulatory investigations and enforcement matters.

Client disputes.

Regulatory capital, capital instruments and capital structuring.

Scope of regulatory permissions and regulatory perimeter issues.

Custody, account, prime brokerage, and other agreements.

Corporate governance, senior managers regime, allocations of responsibility.

Anti-money laundering and sanctions.

Regulatory reporting.

The impact of various developments in European legislation, in particular their cross border impact, including MiFID II and EMIR.

Legal opinions and memoranda on regulatory matters.

Establishing new financial institutions or financial companies and regulatory approvals

Zürcher Kantonalbank on its recent establishment and FCA authorization process for a new UK brokerage subsidiary.

Intercontinental Exchange on its partnership with Abu Dhabi National Oil Company and nine of the world's largest energy traders to establish ICE Futures Abu Dhabi, a new exchange in Abu Dhabi Global Market hosting the world's first Murban crude oil futures contracts.

Investigations, enforcement and litigation

A major European bank in connection with an investigation into alleged money laundering.

Certain investors in London Capital & Finance plc on their judicial review of the decisions of the Financial Services Compensation Scheme (R v Financial Services Compensation Scheme Limited), a complaints process in which the FCA's decision not to compensate investors was held invalid by the Financial Regulators Complaints Commission and an upheld complaint against the Financial Services Compensation Scheme.

– Law Firm of the Year, Peer2Peer Finance Awards, 2023

Legislative drafting

A Middle Eastern country on the establishment of a new legal regime within its territory.
Numerous institutions and infrastructure providers on proposals to amend or introduce new laws and regulations in the UK and elsewhere.

Structuring and facilitating acquisitions and disposals of financial businesses or holdings in such businesses

DBAY on its acquisition of a stake in Anexo Group plc.

Members of management of a global wealth management group on their planned management buy-out.

Banco Bradesco Europa on restructuring its U.K. office.

Insolvency/Restructuring

As part of a consortium, advising the Central Bank of Cyprus on the reduction of non-performing loans and other problem assets in the Cypriot banking system.

Derivatives Regulation, Commodities

A range of funds, banks, and corporates on derivatives clearing, reporting, margin, contractual provisions and conduct of business requirements, including the EMIR, MiFID II package and CRR2 among others.

Outsourcings

Advising institutions on IT and intra-group outsourcings.

AML/Sanctions

Governments on matters relating to FATF and EU AML lists.

Various institutions in relation to U.K. and EU sanctions, including recent Russian sanctions.

Capital markets offerings and transactions

Various issuers and most of the main banks and brokers on selling restrictions, stabilization, analysts' research, ethical walls, market soundings, disclosure issues, Market Abuse Regulation matters and publicity in connection with their equity and debt offerings.