Financial Services Regulation

Our Financial Services Regulatory team exists to support clients in navigating the complex landscape of rules and regulations of the financial services regulators. Our clients range from international banks to start-up and scale-up FinTech businesses. We specialise in supporting clients with devising their regulatory strategy and in developing new and innovative products and distributing those products to their target markets. Our clients look to us for assistance in dealing with regulatory changes and market trends as they emerge. Our work often has an international element, for example, helping an overseas company in establishing a presence in the UK. We work closely alongside our colleagues in other practices including Corporate, Disputes, Real Estate, Private Client, IP & Commercial, Finance and Insolvency to provide a joined-up, comprehensive service for all of our clients’ legal needs.

We provide our advice in the context of a deep understanding of our clients’ industries. Our aim is to give technically excellent regulatory advice that is founded upon our years of experience in the industry and delivered in a straightforward, commercial and cost-effective way.

We support our clients across a broad range of financial services regulatory topics including:

• Advice on setting up a regulated business in the UK;
• Anti-money laundering;
• Applications for regulatory authorisation;
• Appointed representative arrangements;
• Bank regulation;
• Change in control notifications;
• Client money, client assets and safeguarding advice;

• Conduct risk;
• Consumer credit;
• Consumer Duty;
• Financial promotions;
• Insurance regulation;
• MiFID advice;
• Mortgage regulation;
• Notifications to regulators;
• Open Banking;
• Payment services and e-money laws;

• Regulated outsourcing;
• Regulation of investment funds;
• Regulatory capital;
• Regulatory perimeter advice;
• Regulatory training;
• Remuneration Code;
• Section 166 FSMA 2000 skilled person appointments; and
• Senior managers and certification regime.