Regulation and governance
In an ever-changing regulatory environment, our knowledge and insight will give you a strategic advantage.
Whether you need specific regulatory advice, help with a complex transaction or assistance as you prepare for - or seek to avoid - a Financial Conduct Authority (FCA) or Prudential Regulatory Authority (PRA) intervention, we can help.
We'll give you the advice and support you need in areas such as business structuring, capital requirements, product development and conduct risk, including misselling exposure, and competition law compliance.
We have expert knowledge of Lloyd's and all aspects of PRA and FCA regulation, anti-financial crime (including sanctions, bribery, money-laundering and fraud), advise on conflicts of interest and remuneration issues, and competition law.
Our team can help you obtain regulatory authorisation or change of control approval as part of our transactional advice.
On the governance side, we can help with governance structures, board effectiveness reviews and whistleblowing issues. We offer governance training and compliance monitoring support and can help you manage risk by designing delegated authority and approval frameworks.
Much of our work is international, using our own London, Hong Kong and Singapore offices, and calling upon our international best friend network of law firms to provide further local expertise where necessary. This helps us ensure we find the best lawyer for the job – whether RPC or a partner firm – keeping cost down and providing high quality advice and service.
Examples of work
Enforcement- advising and defending firms and senior managers in Enforcement investigations and proceedings undertaken by the FCA, PRA, Lloyd's of London and overseas Regulators including the SEC
Sanctions - advising firms on sanction screening issues, as well as licence applications and notifications
Systemic failures - advising firms and their senior management on investigating and reporting systemic misselling of financial products, with associated conduct issues. Devising and monitoring remediation plans to address regulatory concerns