Our financial services regulatory expertise spans new applications for authorisation, through to change of control and the wider issues affecting financial services organisations, such as disciplinary issues and market abuse.
We act for UK and international clients ranging from banks and building societies, through to insurers, reinsurers, mortgage firms and other commercial lenders, asset managers and investors, payment service providers, clearing houses and rating agencies.
We’re particularly known for our work on consumer credit, and for providing expert support in setting up new financial services businesses, as well as preparing businesses for sale.
Our approach sets us apart. Whereas some firms advise from a technical stand-point we work hard to focus on your customer journey, understanding how your customers interact with your business and the regulatory challenges this presents.
This article examines the key proposals for how firms, not currently subject to the FCA's Senior Managers' regime, will be transitioned into it when it is extended to all firms.
The UK’s total consumer debt bill is close to £200bn and is growing at its fastest rate for 12 years. There are some troubling parallels with 2008 and what is happening in today’s credit-fueled car market.
The FCA’s recent consultation on staff remuneration and incentives should really come as no surprise to lenders, but its reach beyond regulated lending into sales practices in retailers and dealers, the success of whose businesses is down to the growth in retail finance, may cause shockwaves throughout that sector but should it come as any real surprise, even more so for those involved in collections?
Whilst there is considerable ongoing discussion and speculation about the impact of Brexit, much of this has been about the economic and political consequences of this historic event. How do we think consumer credit lenders might be affected?
The Money Laundering Regulations 2017 (“MLR 2017“) are yet to be finalised but are due to take effect on 26 June 2017. The MLR 2017 will implement several changes, particularly to risk management.
We draw experts from across the firm to build tailored, sector teams with genuine expertise in your market and of your customers. These include M&A, insurance law, technology, data protection, EU consumer law and retail law.