Financial Services Regulatory

The pace of change and increasing complexity of financial services regulation makes it harder than ever to ensure compliance. We provide expert advice on financial services regulation to banks, asset managers, securities brokers, insurers and insurance brokers, financial advisers, payment services firms, e-money providers and consumer credit firms.


We have expertise in all aspects of regulation of financial services businesses by the Financial Conduct Authority and Prudential Regulation Authority including:

  • obtaining authorisation for new businesses.
  • launch of new service lines and products.
  • change of control approval for acquisition of regulated firms.
  • transfer of books of business including court-sanctioned transfers of banking and insurance business under Part VII FSMA.
  • ongoing conduct of business, including the Consumer Duty.
  • consumer credit.
  • payment services and e-money.
  • business risks, including anti-money laundering and sanctions controls and anti-market abuse procedures.
  • trading controls in asset managers and broking businesses and dealing with trading errors.
  • capital requirements.
  • client money and assets.
  • regulatory reporting and notifications.
  • governance and the Senior Managers and Certification Regime.
  • customer complaints and the Financial Ombudsman Service.
  • handling regulatory breaches, including internal investigations and customer remediation.
  • regulatory change programmes.
  • regulatory interventions including imposition of requirements and variations of permission.
  • responding to enforcement investigations and defending enforcement proceedings.

Featured experience

  • Advising a major insurance firm on a Part VII transfer of insurance business.
  • Authorisation applications for the launch of a new bank and a new life assurance company.
  • Advising asset managers on anti-market abuse controls and internal investigations into suspected market abuse.
  • Advising asset managers on handling trading error incidents.

What our clients say

  • The practice is highly experienced in financial services litigation and insurance claims

    Legal 500 UK 2023 Edition, Commercial Litigation: Bristol, South West

Financial Services Regulatory key contacts

Who we are

Why choose DAC Beachcroft?

We’re a broad-based commercial firm serving a wide range of sectors with a strong heritage in insurance,
health and real estate. We combine excellent legal skills and cutting-edge delivery expertise to design
solutions that fit the needs of our clients – often involving clever uses of technology.