Financial Services Compliance, Regulatory Law & Investigations
Brown Rudnick LLP
The actions and interests of those involved in the UK financial system are increasingly the subject of regulatory and public scrutiny. This is the case whether you are an investor, financier, fund, bank, asset manager, insurer, trading platform or some other type of participant in the financial system. It is also the case whether you are a firm or an individual and whether you are principally based in the UK or overseas.
On occasion, this regulatory and public scrutiny may result in issues that require the attention and advice of legal experts. Brown Rudnick’s Financial Services Contentious Regulatory Group has the experience and expertise to assist with these issues. The Group is well known to the financial services regulators and is used to acting for firms and individuals on matters ranging from routine approval applications to supervisory enquiries to enforcement proceedings. Clients often seek its advice when the reputational, legal and financial stakes are at their highest. The Group is often able to help clients to resolve disputes with the financial services regulators in a consensual way, although it is also able to robustly defend clients in contentious matters where appropriate.
The Group is known as a ‘go to’ department for those facing regulatory and public scrutiny. It is recognised for and distinguished by its technical expertise, forensic approach, knowledge of the regulatory process (gained from work both inside and outside of the financial services regulators) and partner led service.
The Group is led by financial regulatory lawyer Peter Bibby. Peter has approximately thirty years of financial services contentious regulatory experience. He was previously a Head of Enforcement at the Financial Services Authority (the predecessor to the Financial Conduct Authority) and was responsible for writing the Statements of Principle and Code of Practice for Approved Persons. Whilst in private practice Peter has been recognised by the key law directories, Chambers and Legal 500, as one of a handful of top-tier practitioners in the area.
Other partners in the Group include Chloe Pawson-Pounds and Ian Weinstein. Chloe is an integral part of the Group and a key contributor to its success. She has a proven track record of delivering results for clients through her attention to detail, tenacity and strategic approach. As well as being an expert in contentious regulation, Chloe has significant litigation experience. This enables her to take a broader strategic view of matters such that she is able holistically to advise clients facing regulatory and litigation risks as issues are identified and develop. Chloe is ranked as a Next Generation Partner in Legal 500. Ian is known for his technical expertise and has developed a strong market reputation based on his experience of acting for both firms and individuals in several of the highest profile matters in the sector. Ian is ranked as a Recommended Lawyer in Legal 500.
Members of the Group are experienced in working on cross-border matters. Where appropriate, it draws on the knowledge and experience of Brown Rudnick’s non-UK offices as well as other law firms in its network.
Brown Rudnick’s Financial Services Contentious Regulatory Group is well placed to assist clients with:
- Ethics, anti-corruption, human rights and internal compliance policies and procedures
- Sanctions guidance through a rapidly changing area
- Individual accountability under financial regulatory rules
- Outsourced services and liabilities of lenders/financiers
- Submissions of suspicious activity reports
- Market manipulation
- Risk based diligence on acquisitions
- Dealing with the regulatory bodies
- Compliance with corrupt practices legislation in various jurisdictions
- Bribery Act
- Proceeds of Crime Act
- Mitigating consequences of investigations
- Data strategy and security breaches
- Cartel investigations
- Document reviews and e-disclosure
- Investments in blockchain/crypto and questions of money laundering
- Crypto companies obligations to report to the FCA
- Filings (and reviews)
- Foreign Investment filings
Clients have told Chambers and Legal 500:
“… the team is led by Peter Bibby who is in my view the pre-eminent contentious financial services lawyer in the UK. He has an unparalleled pedigree having held very senior positions in the Enforcement Division of [the FSA] and since then has brought this considerable experience to bear on behalf of his clients.”
“… they have a deep knowledge of the area.”
“… the team built up over past few years is a very capable outfit, good at detailed defence in complex regulatory proceedings. Willing to take on cases that others might not.”
“… they have excellent and careful knowledge of the financial services sector.”
“… Peter Bibby – a titan of the financial services sector.”
“… Chloe-Pawson Pounds – a hardworking team player.”
For more information about Peter, Chloe and Ian and the services they provide and examples of the type of work they have undertaken, click the link here https://brownrudnick.com/people/peter-a-bibby/, https://brownrudnick.com/people/chloe-pawson-pounds/, https://brownrudnick.com/people/ian-weinstein/
To find out more about Brown Rudnick click on the following link https://brownrudnick.com/
For further advice and assistance please contact:
020 7993 4255