Financial Services Regulation

Perimeter advice on cross-border business activities, in particular delegated underwriting and appointment of agents.

Advice to a global (re)insurance group on the EU regulatory framework and local regulation applicable to distribution of consumer InsurTech products in seven EU states.

Reported on regulatory compliance and client money procedures in respect of five recent insurance intermediary acquisitions.

Regulatory advice to a global insurance group on its international insurance programmes structure for multinational customers.

Drafting and review of compliance manuals and governance systems of insurance companies and intermediaries.

Advising an international oil trading group on structuring its business to benefit from regulatory exemptions.

Advising a commodities trading house on the establishment of a new trading desk for iron ore products and helping to structure the set-up to take advantage of available regulatory exclusions.

Advising a global commodity trader on cross-border market abuse issues and the impact of social media on market abuse cases.

Advising an FCA-authorised commodity broker in connection with the impact of MiFID II on its business, including analysing whether it needs to be become an operator of an “organised trading facility” and the impact this will have on its business, plus assisting with the related variation to its FCA authorisation.

Advising the FCA-authorised operator of a UK trading venue in connection with the duties and responsibilities of its directors under the approved person regime.

Advising numerous commodities trading houses on the ancillary activities exemption to authorisation under MiFID II.

Advising a range of financial and non-financial clients in connection with the impact of the EU position limits regimes, including contracts in scope and hedging exemptions.

Assisting various energy and commodities companies with drafting and/or updating hedging policies to take advantage of exemptions for risk reducing trading under MiFID II and EMIR.

Advising an international bank on the requirements for trading physical and financial LNG and oil in the UK.

Structuring shipping pools to be compliant with applicable UK/EU regulatory regimes, including AIFMD, collective investment schemes and MiFID II.

Advising Middle East capital on the authorisation process to be complied with to set up a UK financial institution.

Assisting an international provider of CfD trading services to obtain authorisation in the UK.

Advising on the detailed provisions of the FCA Handbook for various clients, including client money issues, conduct of business rules, anti-money laundering and general financial crime and compliance policies.

Advising various exchanges on setting up new UK and international trading platforms.

Advising a stockbroker on updating its terms of business for compliance with MiFID II.

Providing advice in respect of issues around investment research and market commentary under MIFID II.

Advising a broker-dealer on its conflicts of interests and best execution policies under MiFID II.

Advising a broker-dealer on regulatory requirements and permissions needed to undertake investment management and wealth management activities and to provide regulated services in FX and CfD products.

Advising an international bank on capital requirements in respect of certain types of transactions, including repos.