Contact details

Ellen Gallagher

T: +44 20 7809 2008 M: +44 7881 314 909 Email Ellen | vCard Office: London

Awards

Litigation and Regulatory Team of the Year 2012

Litigation and Regulatory Team of the Year 2012

Financial services - Contentious

Financial services - Contentious

Ellen Gallagher Managing associate

Contact details

Ellen Gallagher

Ellen Gallagher
Managing associate

T: +44 20 7809 2008 M: +44 7881 314 909 Email Ellen | vCard Office: London

Ellen is a regulatory and white collar litigator specialising in the financial services sector. She has experience of representing both individuals and institutions in high profile investigations and has acted in connection with market abuse investigations, fraud prosecutions and FCA enforcement proceedings. Ellen's work frequently involves cross-border issues.
  • Profile
  • Services
  • Sectors

Ellen has acted in connection with high profile regulatory and criminal investigations in the financial services sector. She also has experience of conducting internal and regulatory investigations.

Ellen's previous work relating to FCA proceedings includes: acting for an investment bank in a market abuse investigation; representing the former CEO of the investment arm of a global bank facing allegations relating to systems and controls failings; and representing a senior trader in relation to allegations of manipulation of the gilts market. She has also acted for clients in relation to investigations by authorities in a number of overseas jurisdictions, including the US Department of Justice and FBI, the Guernsey Financial Services Commission and the Australian Securities and Investments Commission.

Other work has included: advising international trading companies and financial services firms in relation to bribery and corruption; advising a professional standards body in relation to disciplinary procedures; advising on corporate governance and systems and controls; acting for a financial services firm in connection with a criminal fraud investigation; and conducting an internal investigation into suspicions of insider dealing by a non-executive director.

Ellen recently led a team conducting a wide-ranging investigation into the collapse of a Gibraltar insurance company pursuant to the appointment of statutory inspectors by the Gibraltar Financial Services Commission.

  • Regulatory litigation
  • Corporate crime and directors' criminal liability
  • Regulatory compliance

Foreign exchange investigation – systems and controls failures

Acting for the CEO of a multi-national bank under investigation for alleged systemic failings on the FX trading desks contributing to large scale fraudulent activity by traders.

Trans-Atlantic Libor investigation

Acting for the former principal US Dollar Libor submitter at Barclays in connection with enforcement proceedings by the FSA and investigations by the United States Department of Justice and CFTC in relation to allegations of manipulation of the US Dollar Libor rate.

Stage 2 investigation by Complaints Commissioner

Acting for an authorised firm in connection with a Stage 2 investigation by the Complaints Commissioner in which all five of the client's complaints against the FSA were upheld and an apology to the client from the FSA was secured.

RBS – regulatory aspects of corporate restructuring

Advising RBS and staff in regard to an internal investigation and an inquiry conducted by a skilled person under section 166 of FSMA 2000 into an allegation of driving small businesses into insolvency.

More: Regulatory litigation

Libor – criminal investigations

Acting for a number of individuals in relation to Serious Fraud Office investigations and prosecutions for conspiracy to defraud relating to alleged manipulation of Yen and US Dollar Libor rates.

Criminal fraud investigation – brokerage firm

Acting for a brokerage firm assisting the Serious Fraud Office in connection with a criminal fraud investigation.

International criminal investigation – online betting brokerage

Advising a company providing online betting brokerage services in relation to a request for assistance by a European prosecutor in connection with a criminal investigation.

More: Corporate crime and directors' criminal liability

Bribery and corruption

Advising a financial services firm in relation to Bribery Act 2010 and corporate corruption issues.

Consumer credit

Advising in relation to transactions to ensure proper management of consumer credit issues.

Consumer redress

Advising the world's largest loyalty programme business in regard to product design and sales of insurance add-on products.

Trade licensing

Advising a wholesaler in connection with alcohol licensing matters.

Market conduct and conduct of business

Advising a multi-national investment bank in relation to the regulatory aspects of a civil claim arising out of the de-pegging of the Swiss Franc in January 2015.

More: Regulatory compliance

  • Banks and banking
  • International trade

Foreign exchange investigation – systems and controls failures

Acting for the CEO of a multi-national bank under investigation for alleged systemic failings on the FX trading desks contributing to large scale fraudulent activity by traders.

Libor – trans-Atlantic investigation

Acting for the former principal US Dollar Libor submitter at Barclays in connection with enforcement proceedings by the FCA in relation to allegations of manipulation of the US Dollar Libor rate.

Libor – criminal investigations

Acting for a number of individuals in relation to Serious Fraud Office investigations and prosecutions for conspiracy to defraud relating to alleged manipulation of Yen and US Dollar Libor rates.

RBS – regulatory aspects of corporate restructuring

Advising RBS and staff in regard to an internal investigation and an inquiry conducted by a skilled person under section 166 of FSMA 2000 into an allegation of driving small businesses into insolvency.

Market conduct and conduct of business

Advising a multi-national investment bank in relation to the regulatory aspects of a civil claim relating arising out of the de-pegging of the Swiss Franc in January 2015.

More: Banks and banking

Bribery and corruption

Advising an international trading company in relation to Bribery Act 2010 and corporate corruption issues.

International criminal investigation – online betting brokerage

Advising a company providing online betting brokerage services in relation to a request for assistance by a European prosecutor in connection with a criminal investigation.

Consumer credit

Advising in relation to transactions and to ensure proper management of consumer credit issues.

More: International trade

Awards

Litigation and Regulatory Team of the Year 2012

Litigation and Regulatory Team of the Year 2012

Financial services - Contentious

Financial services - Contentious

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