Financial Services and Regulatory

The regulation of individuals in the financial services and legal sectors has important HR implications for employers and individuals alike. We understand the interaction between employment law and regulatory rules, and our advice will always take into account this wider context.

Our lawyers have either worked in-house at financial service businesses, or have many years’ experience acting for regulated businesses and individual in the City and elsewhere.

The following are examples of our work in this area:

  • Acting for an FCA approved individual in a multi-million pound claim against a leading insurance institution. Advising the individual on his duties and obligations, in the context of a complex disciplinary investigation and whistleblowing complaint, and achieving a substantial out of court settlement comprising equity entitlements and damages.

  • Reviewing and amending the template offer letter, employment contract, settlement agreement, handbook and non-executive director appointment letter of a private bank to comply with the Senior Managers’ Regime.

  • Advising a financial advisory firm on the dismissal of an Approved Person. Advising on the terms of the Form C lodged with the Financial Conduct Authority. Defending tribunal litigation brought by the individual and securing legal costs and the withdrawal of the claim.

  • Representing a senior solicitor in a matter involving serious allegations of criminal conduct and breaches of the Solicitors Regulation Authority rules, against a major international law firm. The case settled out of court and substantial compensation payment was made to our client.

  • Advising a law firm on a ‘team move’ of regulated partners and associates from a competitor law firm

If you would like to discuss our services further:

Chris Tutton