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Regulatory

Regulation is on the increase. Often inspired by European single market considerations, businesses in all sectors are having to deal with new offences, reporting obligations and penalties. At the same time they must guard against becoming the victim of employee fraud and must comply with complicated money laundering regulations which impose real constraints on the ability of businesses to secure new clients and service them. At RPC, we see it as our job to guide clients through the regulatory thicket and to work closely with them when they are suspected of committing breaches.

The firm's Regulatory Group, comprising around 25 lawyers, advises on all aspects of regulation, financial and business crime and compliance. Some of the lawyers in the Group were formerly employed by the Financial Services Authority, so are especially qualified to understand the mindsets and behaviours of regulators. Others have a deep knowledge of particular regulated sectors and have advised not only the major firms in the sector but also their trade and industry bodies.

  • "Reynolds Porter Chamberlain LLP's advice is 'spot on'" - The Legal 500, 2009 edition
  • "an impressive team" - The Legal 500, 2009 edition

The Group has considerable experience in the following areas:

  • Compliance - regulatory advice and the design and audit of systems and controls
  • Internal investigations - working with firms, often in conjunction with their regulators, to investigate the circumstances of apparent compliance failures and assisting with remedial steps
  • Claims - advising regulated firms on the claims made against them, whether to the industry's Ombudsman, in courts or in specialist tribunals
  • Enforcement - acting for and defending firms and individuals suspected of committing criminal and regulatory offences

For more information on our regulatory practice please contact Jonathan Davies and Steven Francis.