Banks and financial institutions are operating against a highly regulated and constantly changing landscape. It is critical that advisers to the sector appreciate and can respond to the challenges and disruption this presents and we are well placed to do just that.
Our long history of working with financial institutions and innovative technology companies combined with our financial sector knowledge makes us perfectly placed to advise clients operating in this fast-moving area.
We act for borrowers and sponsors, funds and family offices, asset managers, bank and non-bank lenders, payment service providers and institutions across multiple jurisdictions. Clients come to us for our expertise in acquisition finance, corporate lending, real estate finance, development finance, project finance, trade and receivables finance, venture debt, litigation funding, restructurings and Islamic finance.
Our Disputes and Investigations team also handles disputes right across the spectrum, from enforcement of security for commercial lending through to claims for hundreds of millions concerning the most complex structured products and derivatives. The team has advised financial institutions on investigations and enforcement action involving financial regulators and other enforcement agencies worldwide, and represents senior managers caught up in investigations into regulatory and other wrongdoing or facing enforcement action as a result.
Our financial services specialists have expert knowledge, relevant in-house and regulator experience and a practical understanding of the financial services industry, its products and the regulatory environment. The team advises on all aspects of setting up, operating and developing financial services businesses.
Our lawyers also have sector-specific experience of how corporate, data protection, competition and employment law impacts business. We work with clients to navigate different regulatory regimes.
In addition, reputational risks posed by data breaches, coupled with increased international regulation, the need to keep the best people, and global uncertainty present major challenges for financial institutions. Our breadth of expertise across the sector means we are well placed to help clients mitigate any potential risk.
At the heart of our approach is an ability to work seamlessly across legal disciplines in order to solve your most complex problems.
Advising ERGO Group AG on ESG regulation in relation to the distribution of insurances and investments in funds.
Advising HANNOVER Finanz on acquisition financing for the investment in First Climate AG, which supports companies and organisations in achieving their climate protection and sustainability goals. The financing was provided by Volksbank and Commerzbank.
Advising Professor Griggs, the Independent Reviewer appointed by Lloyds in relation to the HBOS Redress Programme. This is a substantial investigation into over 50 former HBoS corporate customers, analysis of their claims for compensation and independent assessment of the bank's redress proposals. We are the first firm to handle an independent review process for a major retail bank on this scale. Our mandate continues, with us now advising Professor Griggs on the Quality Assurance Review by Sir Ross Cranston of the HBOS Reading Compensation Scheme itself.
Deutsche Bank Commercial Real Estate Group on its first Sterling Over Night Index Average (SONIA) benchmark based loan. This marks not only Deutsche Bank's first alternative rate loan, but also one of the first adoptions of a loan referencing an average of overnight SONIA in the entire market. The benchmark was used an alternative to London Inter-Bank Offered Rate (LIBOR). The loan references a compounded average of SONIA set in arrears with a five business day lag.
Press releaseWhite Oak - Advising the senior secured creditor on all aspects of the British Steel insolvency and restructuring and on the complex GBP130m FILO (first -in-last-out) asset based finance structure; we were awarded Finance Team of the Year at the Lawyer awards 2020 for this work.
Acute Peak Investments Limited on the HKD290 million proposed acquisition of shares of Auto Brave Limited, an investment company which is principally engaged in the provision of foundation and substructure construction services in Hong Kong, from Huarong Investment Stock Corporation Limited (HKEX: 2277)
Latest news & insights
FinTech Matters
by multiple authors
Completing the jigsaw: the launch of the Taskforce on Inequality and Social-related Financial Disclosures
Financial services matters - December 2024
by multiple authors
AI matters - Financial services round-up November 2024
by multiple authors
Neither a lender nor a broker be: Court of Appeal clamps down on insufficient disclosure of motor finance commissions
by multiple authors
Please feel free to contact any of the people listed here for more information about our capabilities and their expertise in the Financial Institutions sector in your jurisdiction. You can also search for a particular individual or see the whole team by using our people finder.
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TW: Cyber Response
Our data breach mobile app helps organisations prepare for and respond to data breaches. Organisations will face potential multi-million pound fines for data breaches after 25 May 2018. TW:Cyber Response provides practical assistance to help clients prepare for and manage breaches as effectively as possible, to minimise their exposure to regulatory action, litigation risk, and reputational damage. The app is available to download from the App Store and Google Play Store.