Financial Services

We offer full service legal and commercial solutions to the financial services sector, covering all key areas of expertise including: Regulatory, Commercial & Distribution, Investigations, Employment (non-financial misconduct, culture, HR), Corporate, Cyber & Breach Response, Data Protection, Dispute Resolution, Governance & Compliance, and FinTech.

Overview

Our advice is informed by an in-depth understanding of the regulatory environment in which our clients operate, with clients including leading investment and retail banks, building societies, regulated lenders, asset and wealth managers, payment services firms, and networks of financial advisers and mortgage intermediaries.

We are regularly involved with both the PRA and the FCA and with their supervision and enforcement teams, as well as with other regulators and supervisory authorities such as the Competition and Markets Authority, AIM regulation and the Takeover Panel.

We also have in-depth experience and expertise of assisting institutions with Serious Fraud Office (SFO) and HMRC Investigations and prosecutions and the Financial Ombudsman Service.

We are actively engaged in advising our clients on current “hot topics” including:

  • The new Consumer Duty
  • Reviewing the Appointed Representatives regime
  • FCA business plans
  • Transforming data collection building on Digital Regulatory Reporting
  • Conduct risks of hybrid working
  • Diversity & Inclusion
  • Whistleblowing
  • Sustainability disclosure requirements and investment product labels
  • Operational resilience
  • Open Finance
  • and FinTech

We have particular expertise on advising on culture and conduct issues, and have carried out a number of audits resulting in the roll out of structural changes to our clients' internal reporting and escalation processes.

Featured experience

  • Acting in a $40m dispute involving allegations of fraudulent misrepresentation and unlawful means conspiracy in relation to the sale of shares in a hedge fund business.
  • Acting for JP Morgan in the high profile Employment Tribunal proceedings involving a trader seeking reinstatement to his former role.
  • Acting for a major global bank in its 10-year distribution deal with a leading insurer, covering all forms of insurance cover and distribution via the bank’s online, mobile channels and in person channels.

Client Testimonials

What our clients say

  • Khurram Shamsee is a fantastic person to work with. He is always calm, pragmatic and engaged. He takes the stress out of the situation, ensures you feel fully supported and is rarely surprised by anything. His advice is always excellent.

    Chambers & Partners, 2023 UK Edition

  • Jonathan Deverill – Excellent operator who is dedicated and very adept at any tasks thrown his way.

    Legal 500, 2023 UK Edition

  • David is excellent. He has a deep understanding of the regulatory, legal and commercial challenges facing the financial service sector. David is always responsive to ad hoc questions and always provides clear, thoughtful guidance.

    Chambers & Partners, 2023 UK Edition

Financial Services key contacts

Quiénes somos

¿Por qué elegir DAC Beachcroft?

Somos un bufete comercial de amplia base que presta servicios a una gran variedad de sectores, con una sólida herencia en seguros,
salud e inmobiliario. Combinamos excelentes conocimientos jurídicos y experiencia de vanguardia para diseñar soluciones en
que se adapten a las necesidades de nuestros clientes, a menudo con un uso inteligente de la tecnología.