Advising in relation to a multi-jurisdictional investigation into an international bank concerning FX and related issues.
Advising an international financial institution under investigation further to allegations of misselling across multiple jurisdictions.
Advising an international bank in relation to a regulatory investigation concerning alleged misconduct regarding securities.
Systems and Controls
Advising an international financial institution being investigated for alleged SYSC failings regarding product design, implementation and monitoring.
Advising a financial institution in a regulatory investigation concerning FCA client money rule breaches and connected SYSC matters.
Third Party Payments
Advising an international financial institution under investigation in multiple jurisdictions for third party payment issues, including related SYSC matters.
Advising a lender in a regulatory investigation concerning FCA rule breaches (advised transactions) and the allocation of responsibility between the lender and the intermediary.
Advising a financial institution in relation to a regulatory investigation concerning pension transfer advice allegations and connected redress matters.
Abuse of Power/Misfeasance in Public Office
Advising an international financial institution seeking to challenge a regulator for abuse of its legal powers.
Advising corporate and individual clients in relation to one of the largest ever multi-jurisdictional SFO investigations and one of the most notable successful legal challenges to the abuse by a public authority of investigatory powers.
More: Regulatory Litigation
Banking & Financial Services Litigation
Advising a bank in dispute with a range of counterparties regarding liabilities arising from retail misselling redress exercises further to regulatory investigations.
Advising an international conglomerate in relation to a dispute with an investment bank concerning a failed fund raising.
Advising an international bank concerning a dispute with another bank regarding the effect of financial sanctions on particular transactions and the availability of funds.
Advising in relation to a dispute concerning representations about swaps in the context of complex financing arrangements.
Government financing arrangements to support markets
Advising a Government Department in relation to a dispute concerning complex funding arrangements required because of exceptional market conditions.
Advising in relation to the bank's rights (including to demand repayment and/or effect an assignment) in light of the unforeseen financial circumstances of the corporate borrower.
Advising a financial institution in proceedings with the regulator about whether regulated activity was taking place in a part of the trading business.
Misfeasance in public office
Member of the team defending the Bank of England against the claim for misfeasance in public office in relation to the supervision of the Bank of Credit and Commerce International (BCCI) between 1972 and 1991.
More: Banking & Financial Services Litigation
Corporate & Directors' Criminal Liability
Advising an international financial services institution in relation to third party payment issues in multiple jurisdictions.
Advising in relation to an investigation concerning the complex lending and borrowing arrangements of an insolvent international bank.
Advising an international group of companies concerning the consequences for the entities and the boards of accounting irregularities.
Advising an international financial institution in the context of a police investigation into various substantial deposits and transfers.
Advising an international group of companies in relation to whistle-blowers allegations of board level and other senior executive wrongdoing.
Advising the board of a financial institution of their rights and obligations during a complex regulatory and SFO investigation lasting several years, during the course of which the business was involved in multiple restructuring and refinancing, including advice on D&O insurance claims and renewals.
Long arm jurisdiction
Advising an international organisation regarding potential criminal liability in the UK linked to activities in a range of other jurisdictions.
Advising an FCA regulated entity and its board in relation to counterparty issues and a "missing trader" VAT fraud.
More: Corporate & Directors' Criminal Liability
Remediation and Redress
Advising an international financial institution on various issues raised by FCA Supervision regarding a retail product and a related informal redress exercise involving very significant numbers of customers and counterparty issues, including advice about further developing relevant systems, controls and monitoring.
Advising a financial institution in relation to various acquisitions, in particular inherited regulatory issues and related due diligence.
New Business Units
Advising a financial institution in relation to the design of products for a new business unit and connected compliance issues including monitoring, training and dashboards.
Bribery Act 2010
Advising a financial institution in relation to anti-bribery corruption policies and procedures, including advice on the "adequate procedures" defence.
Advising on the regulatory issues for directors arising from a substantial fundraising.
Senior Managers' Regime
Advising a financial institution on the scope of the senior managers' regime further to the Banking Reform Act 2013, including the review of proposed arrangements for the appointment of senior managers.
Conduct of Business Rules
Advising an international financial institution on enhancements to COB compliance further to a significant acquisition.
Advising in relation to preparation for formal visits by the FSA/FCA.
More: Regulatory Compliance
Banking & Financial Services Regulation
Advising an international bank in relation to a complex multi-jurisdictional internal investigation regarding financial reporting, in the context of inevitable regulatory investigations and associated litigation.
Self-reporting to regulators
Advising an international bank on regulatory obligations and related strategic issues regarding benchmark manipulation risk and in particular the relevance for systems and controls (SYSC).
Advising a lender on its regulatory obligations, in particular in relation to those of an introducing broker.
Advising an international bank in relation to alleged misselling of retail products.
Advising an international financial institution in relation to regulatory challenges concerning governance and section 166 work, including working with the Audit Committee and Chief Executive of the FCA regulated entity.
Systems and Controls
Advising an international financial institution in relation to monitoring and reporting regarding retail products.
Advising in relation to preparations for obtaining a banking licence.
Senior executive remuneration
Advising an international bank regarding the regulatory aspects of a decision to withhold senior management remuneration pending the outcomes of regulatory investigations.
More: Banking & Financial Services Regulation
Judicial review proceedings
Advising a UK bank in proceedings against HM Government concerning the imposition and failure to amend or withdraw financial sanctions.
General Court/European Court of Justice
Advising an EU bank in proceedings against the General Council regarding wrongly imposed and maintained financial sanctions.
Advising a sanctioned EU bank in a dispute with multiple counterparties concerning wrongly withheld assets.
Relations with financial regulators
Advising a UK bank in a dispute with its regulators (including FCA, Bank of England, PRA and HM Treasury) about the justification and effects of financial sanctions.