Our financial services regulation 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.
The Senior Managers and Certification Regime ('SM&CR') came into effect on 9 December 2019. DWF recently hosted a round table event to discuss implementation issues with a range of firms in the finance and insurance industries.
Andrew Jacobs, Head of Regulatory Consulting at DWF, comments on the FCA's SM&CR regulations following financial sector's "historical failures".
A familiar gripe we hear from financial services firms is (often justifiably) the expression of outrage about an Ombudsman's decision. With the expanded FOS jurisdiction and the increase to the potential FOS compensation award to £350,000, we expect to hear these gripes a little more often and a lot louder in the future.
We discuss SM&CR related takeaways from a recent Mark Steward speech, including questions Senior Managers should pose as part of implementing their SM&CR responsibilities.
We discuss the change in approach by the FCA in how they intend to investigate AML enforcement investigations and what this may mean for individuals.
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.