Overview

Our specialist team of financial services disputes lawyers provides strategic advice to regulated financial services businesses across a range of areas including fund administration, investment management, insurance, consumer credit and banking. We assist clients on a wide range of disputes and contentious regulatory matters whether arising from day-to-day operations or one-off events. We regularly deal with regulators and enforcement agencies such as the FCA, PRA and SFO.

Our financial services clients draw on our expertise and specialist knowledge to help them identify and manage regulatory and legal risks. We advise on compliance and notification obligations, assist in the response to regulatory investigations and are able to represent clients at all stages of the investigation and enforcement process.

Clients in regulated financial services sectors require advice which combines in-depth industry knowledge with legal and regulatory expertise in order to achieve the most favourable resolution of commercial disputes whilst taking account of the regulatory backdrop.

We are experienced in assisting clients particularly with systemic issues arising in consumer complaints about mis-selling, including FOS complaints and group consumer litigation. Equally we also act in complex and large-scale litigation, arbitration and other forms of dispute resolution between commercial counterparties.

We work closely with our wider financial services sector group to provide specialist disputes advice and representation in connection with banking, investment funds, insurance and consumer credit.

Areas of focus

Our expertise in financial services disputes and enforcement includes the following:

  • Bringing or defending contract/negligence/regulatory breach claims about management of funds and investment.
  • Advice and representation in regulatory investigation and enforcement proceedings against firms/individuals. 
  • Anti-money laundering.
  • Mis-selling claims.
  • Consumer credit.
  • Insurance.
Experience

Advising and representing MD of broker throughout FCA Investigation and Enforcement concerning breaches of FCA Principles for Business and Statements of Principle for Approved Persons, including representation at FCA interview securing a positive result with no formal Enforcement penalty.

Undertaking an investigation and advising a fund manager firm on fraudulent activity by a third party in connection with client monies and on FCA notification obligations.

Advising a financial advisory and investment firm on regulatory obligations in connection with client asset custody and its notifications to the FCA.

Advising a national fund manager on legal and regulatory issues and resolution of disputes arising in connection with non-mainstream pooled investments and unregulated collective investment schemes.

Advising clients on PPI mis-selling complaints, regulatory implications and the resolution of claims.

A senior member of the team was seconded into the FCA Enforcement department during the recent financial crisis.

Meet the team
Kari McCormick

Kari McCormick Partner

  • Head of Financial Services 
  • Insurance
  • Dispute Resolution
Paul Haggett

Paul Haggett Partner

  • Dispute Resolution
  • Corporate Disputes
  • Financial Services Disputes
David Hall

David Hall Partner

  • Head of Dispute Resolution
  • Banking Disputes
  • Fraud and White Collar Crime
Thomas Webb

Thomas Webb Legal Director

  • Fraud and White Collar Crime
  • Banking Disputes
  • Dispute Resolution

What others say...

They've been very responsive and really positive. They've done everything we've asked and then some.

Chambers UK 2016

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