Practical LawConferences

Joanna serves as Chief Executive of the Financial Markets Law Committee (“FMLC”). She is currently a Non-Executive Director of ICE Benchmark Administration Ltd and Chair Person for the Oversight Committee of ICE LIBOR.

Before joining the FMLC, Joanna worked for the Law Commission and managed a project on unfair contract terms. She has held lectureships at Durham University, Paris II (Panthéon-Assas), Université de Paris and Birkbeck College, University of London. She is also an occasional guest lecturer at the London School of Economics and Political Science and University College, Dublin and has published articles on, inter alia, financial law and the conflict of laws. After completing a Doctorate in Law at Oxford University, where she worked as a college lecturer, Joanna was called to the Bar in July 2001.”

Vivienne Artz is a Managing Director and Head of International for the IP and O&T Law Group in the General Counsel’s Office in London.

The International team, with lawyers in London, Hong Kong, Singapore and Japan, is responsible for all intellectual property, technology, e-commerce, general commercial/procurement/outsourcin, data privacy, banking secrecy and data security, electronic trading and order routing, and market data legal issues, across all business areas in the EMEA and APAC regions.

Prior to joining Citigroup in 2000, Vivienne worked in private practice in London.

Vivienne chairs the AFME Data Protection Working Group and is an active participant on the E-Commerce Group and the Data Protection Groups at the BBA and CBI, as well as a Steering Committee member for the Technology Discussion Group. Vivienne is co-chair of the Citi Women Network in the UK, and leads the Legal Diversity Committee for EMEA.

Maja Augustyn is Senior Advisor in European public affairs specialised in the regulation of financial services and banking.  She joined the BNP Paribas group in 2012 from NYSE Euronext where she worked principally on the review of EU securities regulations, on the MiFID review, and on EMIR.

Maja is currently based in Paris and makes part of the lobbying team at BNP Paribas Securities Services – the worldwide powerhouse for clearing and settlement, custody, and securities services. Her area of expertise spans from the regulation of investment and securities services, through financial market infrastructures (markets, CCPs, SCDs) to the recovery and resolution infrastructure providers.

Prior to joining the financial industry, Maja was Assistant Researcher at the European Institute of Public Administration and provided research and training for public officials in the EU Member States and in the EU institutions on the European decision-making, legislative procedures, and policy implementation.

Maja holds a Master degree in international politics from Freie Universität Berlin, a Master of Laws in European law from the Maastricht University European Law School, and in a Master of Laws in international and European finance law from the Queen Mary School of Law of the University of London.

David leads the firm’s financial services group. David joined Macfarlanes in 2009 as a partner. Prior to joining the firm, David was a managing director at an international investment bank, where he held a number of complementary senior level roles in legal, compliance and front office functions.

David advises a variety of financial institutions (across both buyside and sellside) on regulatory / compliance issues; and frequently counsels boards and senior management teams on regulatory issues of strategic significance.

David has recently authored books entitled Senior Individual Accountability in the UK Financial Services Regulatory Environment – a Practical Guide; (Thomson Reuters 2014); and Individual Accountability Under the Senior Managers Regime – A Practical Guide (Thomson Reuters 2016).

Jason Butwick practises in all aspects of employment law and partnerships, focusing on the financial services sector.

He advises on a full range of contentious and non-contentious matters relating and employment and partnerships.

His non-contentious practice covers matters as diverse as the drafting of LLP agreements and deferral plans as well as complex employment arrangements (bonus plans and secondment arrangements). He regularly advises on matters relating to the regulation of remuneration and the various FCA Remuneration Codes. He has led multi-disciplinary teams helping clients devise and implement incentivisation plans within both corporate and partnership structures, and has spoken about remuneration issues at key industry conferences run by organisations including Deutsche Bank, Goldman Sachs and AIMA.

On the contentious side, Mr. Butwick regularly advises clients on High Court and complex Employment Tribunal litigation. He regularly handles disputes relating to member removals, whistleblowing and the enforcement of post termination restrictive covenants.

Eve Cinnirella joined the FCA’s Competition Division in October 2013 as a Manager responsible for Competition Act investigations and other work (including leading on the Retirement Income market study). Prior to joining the FCA, Eve was Assistant Director at the Office of Fair Trading (OFT) where she worked for almost a decade in a variety of roles in Cartels and Criminal Enforcement, Mergers, Goods and Services, and Policy. This included a secondment to the Department of Business, Innovation and Skills (BIS) to work within the shadow Competition and Markets Authority (CMA), being responsible for delivering the CMA’s guidance documents. Eve studied Law and French Law at the London School of Economics and Université Robert Schuman, qualifying in 2000 and has practised competition law at leading firms in both London and Brussels.

Stuart Corrigall, BlackRock, Director and Head of Product Structuring in EMEA. Product Structuring is responsible for providing regulatory and strategic advice in relation to the structuring and range management of all BlackRock and iShares funds in EMEA, across the UK, Ireland, Luxembourg and Switzerland.

Stuart is a qualified solicitor. He spent a decade in private practice before joining BlackRock from international law firm Eversheds. Stuart has also worked at KPMG and spent secondments with M&G Investments and offshore law firm Mourant Ozannes. Stuart is a UCITS and AIF product structuring and regulatory expert and has advised industry groups, regulators, ESMA and the European Commission on various asset management matters and is a regular speaker at industry conferences.

Stuart holds a Law LLB (Hons) degree from the University of Reading and a LPC Diploma from The College of Law. He qualified as a solicitor in 2003 and is a member of the Law Society of England and Wales.

Satyen Dhana is a partner in the CMS Competition Team. Satyen has over 10 years of experience advising on all aspects of EU and UK competition issues in a variety of industry sectors, in particular advising clients in the Financial Services, Consumer Products, Infrastructure and TMC sectors.

He has advised on numerous merger notifications to the CMA, European Commission and in multi-jurisdictional cases, as well as on state aid, Article 101/Chapter I cartel investigations and Article 102/Chapter II dominance issues.

Relevant experience includes advising:

• A major UK bank in respect of the Payment Systems Regulator’s market reviews into Indirect Access and Infrastructure.
• A major European bank in respect of the European Commission’s investigation into alleged LIBOR and FX manipulation.
• A major global cosmetics brand in respect of various UK acquisitions.
• InterContinental Hotels Group during the UK Office of Fair Trading’s investigation into allegedly anti-competitive restrictions imposed on online travel agents.
• South Staffordshire in the UK Competition Commission’s review of its acquisition of Cambridge Water.
• FirstGroup during the UK Competition Commission market investigation of the local bus market.
• A major publisher during the European Commission and UK authority’s investigations into e-books.
• Geely on its acquisition of Volvo.

Steven Francis is an Executive Director in EY’s Financial Services Law Practice. He was formerly a member of the management team in the FCA’s Wholesale Enforcement Division where he was mainly involved in market abuse and insider dealing investigations and probes into the wholesale conduct of large financial institutions.  Steven was formerly a partner in the financial services group of the international law firm Baker & McKenzie, he has handled both criminal and disciplinary investigations for firms and their directors and senior managers.

Richard Frase advises on all aspects of financial services law. He has extensive experience of the legal and regulatory aspects of the UK financial services industry, gained in private practice, in-house and with the regulators, covering both wholesale and retail markets and including regulation and compliance, derivatives and trading documentations.

Mr. Frase was head of litigation at the Personal Investment Authority (later the Financial Services Authority and now the Financial Conduct Authority) from 1995-1998, where he dealt with a range of compliance and enforcement matters involving life companies and financial advisers. He was seconded to the Securities and Futures Authority during 1989-1991, where he advised on policy and legal matters, and carried out extensive work on the conduct of business rules. He was a member of the London Metal Exchange and SFA arbitration panels for 10 years, sitting as an arbitrator in more than 30 arbitrations.

Mr. Frase is recommended as a leading lawyer for financial services in the 2016, 2015 and 2014 editions of Chambers UK. The 2016 guide notes that he garners respect from peers who comment on his “credibility in the sector and huge amount of knowledge”.

Richard Gardiner was appointed Head of Public and Regulatory Affairs at the Federation of European Securities Exchanges (FESE) in March 2015. Richard is currently responsible for coordinating and strengthening political and public support for FESE’s work on the key issues and priorities. As the the European lobbying organisation of exchanges, FESE ensures that the exchange industry retains a strong voice and positive representation.

Previous to this role, he was the Head Equities & Derivatives at the Federation of European Securities Exchanges (FESE) since January 2014, where he was responsible for coordinating the work of the FESE Equities & Derivatives Committees which focus on the technical work with regard to all legislative proposals covering these asset classes (e.g. MiFID/R, Market Abuse Regulation, Benchmarks, among others). Richard joined FESE in 2010 as Junior Policy Officer from which he was promoted to Policy Adviser in January 2011.

An Irish national, Richard holds a degree in International Arts from University of Dublin (UCD) and a master degree in Political Communication from Dublin City University (DCU). He speaks English and French.

Helen Ginter is the Policy Advisor at the Financial Conduct Authority’s (FCA) Innovation Hub where she currently looks after policy projects such as the regulatory sandbox. Helen started her career as a lawyer at a leading pan-Baltic law firm, where she focused on trade finance, financial services and regulatory matters. Helen then came to the UK to pursue an LL.M. at Cambridge University. Upon graduation, Helen moved to London and joined Specialist Supervision at the FCA which was followed by her role at the Innovation Hub.

Natalie is a Senior Competition Lawyer at Lloyds Banking Group.  She advises on a wide range of competition matters and associated litigation related to behavioural issues, mergers & acquisitions, sector inquiries and state aid.  She is currently working on the CMA’s market investigation into retail banking, as well as the FCA’s market study into credit cards and the PSR’s market reviews into infrastructure and indirect access.  Natalie joined LBG in 2014, bringing with her over 10 years’ experience from Clifford Chance.

James Greig is a senior managing director, EMEA Regulatory Counsel and Head of the Office of Public Policy and Regulatory Affairs for EMEA at BNY Mellon.

James is responsible for advising the Bank of New York Mellon on the legal issues arising from all EMEA regulatory matters and for leading BNY Mellon’s EMEA regulatory engagement and advocacy across the range of regulatory initiatives facing BNY Mellon’s European and Middle Eastern operations.  He a member of the European Operating Committee, and various of the senior risk and regulatory committees of  BNY Mellon (International) Limited, the company’s London based UK bank and The Bank of New York Mellon SA/NV, the company’s Brussels based European bank.

James was formerly a partner in the Financial Services Regulatory Group of PwC in London, responsible for advising that firm’s financial services clients on a variety of issues, from contentious matters involving regulators across Europe, the design, management and delivery of major regulatory change projects driven by changing regulation and regulators’ requirements and situation specific advice on the application of financial services law to their businesses.    Prior to joining PwC, James was a partner in US Law firm WilmerHale, serving Wilmer’s clients on both buy-side and sell side from WilmerHale’s offices in New York.

James took his degree from University College, Oxford and qualified first as a Barrister, and then requalified as a solicitor while at Linklaters.

Nicholas Heller is Co-Founder & CEO of Fractal Labs, a finance focused technology company. The business recently released CFOapp.co, an automated financial assistant, helping businesses better manage their cash and capital requirements. He is also Co-Chair of SVC2UK, a UK based non-profit focused on building the entrepreneurial ecosystem.

Previously, he was heading the European New Business Development group at Google, leading teams working on new product incubation and exploratory efforts in technology. His career spans 20 years with extensive experience in technology, media and finance, as a serial entrepreneur, passionate advisor and part-time investor. In 2010, he was also honoured as one of the global 40-under-40 by the telecoms industry.

He is passionate about creativity, projects of positive consequence, and most importantly, people. Nicholas holds a B.A. in Psychology from the University of Western, and an MBA from the University of Cambridge.

Simon leads the BBA team working on prudential regulation, liquidity management and bank funding instruments. He was previously a Director in the Debt Capital Markets Origination team at BZW and has experience of energy and aerospace project finance, gained at First Chicago. Simon is also a liveryman of the Worshipful Company of International Bankers.

Polly specialises in financial services law and regulation. Having spent time on secondment to the FSA’s Enforcement Division, Polly has a close understanding of how the regulator works in practice.

Polly’s broad practice spans both contentious and non-contentious matters.  Polly has acted on several high profile regulatory enforcement actions; she also regularly advises authorised firms on many aspects of FSMA 2000 and its subordinate legislation (including the changes to the individual accountability regimes brought about by the Financial Services (Banking Reform) Act 2013); the PRA Rulebook; the FCA Handbook; and emerging European legislation.  In addition, Polly works closely with firms to prepare their senior managers for regulatory approval interviews and to keep their governing bodies updated on relevant regulatory developments.

Polly is a member of the Financial Services Lawyers Association.  She regularly gives seminars and writes for the firm’s blog, industry journals and practitioner texts on financial services regulation.  She has recently contributed a chapter on Section 166 Skilled Person reviews to A Practitioner’s Guide to Financial Services Investigations and Enforcement (Thomson Reuters, 2014) and acted as special regulatory advisor to a CityHR Task Force on the Senior Managers and Senior Insurance Managers Regimes.

“Richard is widely regarded as one of the world’s top IT lawyers”

With over thirty years’ experience at the leading edge of technology law practice, Richard is widely recognised as one of the world’s top IT lawyers.  He has built an outstanding reputation for advice that combines commerciality and client service with innovative legal solutions to the business challenges of technology development, deployment and regulation.

As a law firm leader, Richard has a track record of achievement and innovation.  He set up Kemp & Co in 1997 as a sole practitioner and led the practice:

• as Kemp Little LLP, to become the first UK law firm LLP in 2001
• as the only specialist firm to be ranked in the Financial Times’ prestigious ‘FT Law 50’ of innovative European law firms each year from 2006 to 2012
• into the top band of UK IT law firms in Chambers’ UK Directory in 2011.

This track record continues with Kemp IT Law’s nomination for ‘most innovative use of office environment’ in The Lawyer’s Business Leadership Awards 2015.

As an IT lawyer, Richard has won numerous industry awards for legal service over the past twenty years.  He has been top ranked individually for IT law in the UK legal directories since 1997 and in the ‘Expert Guide to the World’s Leading Lawyers – Best of the Best’ series since 2001.

Alan Murray is a senior manager in the Bank of England’s Prudential Policy Directorate where he is responsible for domestic and international remuneration policy. Much of his career was spent in what is now the Department for Business, Innovation and Skills where he held a number of senior roles including responsibility for the UK’s trade and investment relations with the Asia Pacific. He also established and ran a public affairs function for Standard Life plc and has been an adviser on European strategy for the Corporation of the City of London.

• 33+ years’ experience working in the UK and Hong Kong.
• Primarily focused on regulatory investigations which span across multiple jurisdictions including the UK, Hong Kong, Japan, Switzerland, France, Italy and the United States.
• Specialising in contentious regulatory work helping clients understand their regulatory responsibilities; advising senior managers in authorised firms. Extensive experience of assisting clients with internal investigations, s.166 skilled person reviews and related reputational issues.
• Investigations range from: suspected LIBOR and foreign exchange manipulation, ‘rogue trader’ fraud, insider dealing, market abuse, information security, anti-money laundering procedures, structured retail products, Payment Protection Insurance, transaction reporting, client asset and client money rules, and mortgage lending and administration.
• Typical clients include: FCA authorised firms and dual regulated firms, including retail banks and investment banks, building societies, asset managers, insurers, intermediary adviser networks, stockbrokers, mortgage lenders, commodity traders and hedge funds, as well as directors and senior managers of authorised firms.
• Identified by the ‘Chambers 100’ as one of the top business lawyers in the UK. Ranked as a band 1 ‘notable practitioner’ by Chambers as well as being regularly featured in The Legal 500 directory.
• A member of the FCA’s Lawyers Consultative Group and the Advisory Board of the Financial Services Lawyers Association.

Roland is a Senior Manager at HSBC Group HQ advising on global and extra-territorial regulatory developments. Roland has been extensively involved in HSBC’s implementation programme for the Individual Accountability Regime. Roland is a senior financial services regulatory lawyer with 15 years experience advising banks, broker-dealers, investment managers and hedge funds on regulatory strategy, implementing regulatory developments, compliance and enforcement matters. Prior to HSBC he worked at Societe Generale, in private practice and at the Australian regulator.

Robert Patton is an Associate Director in NERA’s Securities and Finance Practice. He holds a master’s degree from the London School of Economics and a bachelor’s degree from the University of Michigan, and is a Chartered Financial Analyst (CFA) charterholder.

A significant focus of Mr. Patton’s work is consulting on cross-border litigation and disputes. He has performed economic analyses assessing damages and related issues in complex securities and commercial litigation brought in the US and elsewhere involving companies domiciled and/or traded in the United Kingdom as well as Canada, China, France, Italy, Ireland, Kazakhstan, and South Korea. He has testified and submitted affidavit evidence in Ontario Superior Court in a proposed cross-border securities class action against a US issuer.

Mr. Patton has also carried out economic analyses of damages and other issues in the context of international arbitrations, including matters before the International Centre for the Settlement of Investment Disputes (ICSID), the International Chamber of Commerce (ICC), and the Permanent Court of Arbitration (PCA).

In addition, Mr. Patton has undertaken examinations of market efficiency, materiality, loss causation, liability, damages, and settlement prediction in numerous securities class actions. His assignments have included cases involving subprime and credit crisis allegations, accounting restatements, insurance-related issues, backdating of employee stock options, public offerings, and mergers and acquisitions, in claims brought by bondholders and options traders as well as by shareholders.

Robert Purves is a commercial lawyer with strong specialism in financial services law and regulation. Robert began his legal career as an Attorney in South Africa (1990) and Solicitor in England (1994), before transferring to the Bar in 2007. From April 2003, Robert was Chief Counsel, Insurance and Prudential Policy at the Financial Services Authority, the UK body then responsible for the licensing, oversight and regulation of almost all financial services business in the UK.  Robert is ranked in Financial Services Band 1 in Chambers & Partners 2015.

Since commencing practice at the Bar, Robert has acted for financial services firms and individuals seeking advice and representation on a wide range of regulatory issues. Robert also acted regularly for the Financial Services Authority until its dissolution in April 2013. He now acts for both the FSA’s successor bodies, the Financial Conduct Authority and the Prudential Regulation Authority. Robert has also acted for the UK Financial Services Compensation Scheme and for the Guernsey Financial Services Commission.

The type of issues on which Robert is asked to advise range from technical advice on the law and practice of financial regulation, to advice and assistance in dealing with regulatory enquiries and investigations, ARROW visits and applications for regulatory approvals.

Robert is a regular speaker and provider of training on financial services regulation.

Rachel is a Partner with Fraud Investigations & Dispute Services practice at EY in London. She has over 20 years’ experience specialising in working with clients in the Financial Services sector. She has successfully led multi-disciplinary teams working on some of the largest financial services regulatory investigations conducted in the UK, US, Germany and Switzerland in recent years. These teams were comprised of forensic accounting, former law enforcement, data analytics and e-Discovery professionals. The subjects of these investigations included fraud, money laundering, economic sanctions breaches, bribery and corruption, tax evasion and misconduct. She has prepared reports and evidence for presentation to the US Department of Justice, US Treasury and New York State Department of Financial Services.

Mr. Sholem is European counsel in Davis Polk’s Corporate Department, practicing in the London office.

His practice focuses on the supervision and regulation of banks, investment firms, insurance companies and asset managers, including in connection with new authorizations, changes of control, corporate governance and regulatory investigations. His practice has also included advising non-financial groups on the impact of new regulation, with a particular focus on market infrastructure.

Mr. Sholem also has extensive experience advising clients on developments in European Union laws, rules and policies affecting financial institutions.

Marcus specialises in commercial and commercial chancery work, which includes an extensive arbitration practice. He also practises in the field of regulation. Marcus’ work spans aviation, banking, commercial contracts, competition, conflict of laws, insurance and reinsurance, IT and “soft” IP, professional negligence and sports.

Marcus relishes cases that have a technical element to them – whether this is US tax law, the corrosion of metal in nuclear reprocessing plants, complex securitization structures, or the validity of the assignment of mobile phone patents.

Marcus has particular expertise in relation to intangible property (of all sorts, including intellectual property) and is regularly involved in advice and litigation in this area. 

Richard Thompson was appointed Principal Ombudsman of the Financial Ombudsman Service in December 2014, having previously led the ombudsman’s response to the unprecedented size and scale of the PPI challenge in recent years. He also leads the ombudsman’s quality and service improvement programme in continually striving for a better service for both business and consumer customers alike. Richard has eight years’ experience as an ombudsman across numerous financial services products and markets, including mortgage endowments, banking and consumer credit.

Richard is an accredited commercial mediator with more than 15 years’ experience in regulation, complaint handling and dispute resolution, including both business to business and business to consumer disputes.

Martin Wagener is Head of Regulatory Affairs of Regulatory Affairs at Boerse Stuttgart, Germany. He is responsible for identifying and assessing new regulations and their potential impact on Boerse Stuttgart.

Previously, he was Head of the Office to the Management Board at Boerse Stuttgart. Before joining Boerse Stuttgart, Martin worked as a research assistant at the Karlsruhe Institute of Technology (KIT), Germany. His research focused on the intersection of technology and markets. He spent time as a visiting scholar at the University of New South Wales (UNSW), Sydney and at the University of Toronto. His work has been published at different scientific journals and he is a regular speaker at industry conferences.

Martin holds a PhD from KIT, a degree in Industrial Engineering and Management from both KIT and the Institut National Polytechnique de Grenoble (INPG), France.

Clare leads one of the three Fraud Divisions.

Clare has over 20 years of prosecution experience, having worked at the Crown Prosecution Service as a Senior Crown Prosecutor before joining the Serious Fraud Office in 1996. Roles at the SFO include Investigative Lawyer and Case Controller and notable cases include R v Asil Nadir.

James is a managing director in BNY Mellon’s investment management legal department.  He is responsible for the European legal functions of a sub-investment grade investment manager, the EMEA investment management wholesale distribution business and a Luxembourg AIFM.  His practice covers anticipating and adapting his client’s businesses to regulatory change, strategic advisory matters, structuring products, contracting and commercial matters in the investment management arena.  He has been with BNY Mellon since 2010.  James qualified as a solicitor in 2002 and, prior to joining BNY Mellon, worked in private practice specialising in investment management, regulatory matters, capital markets and securitisation.

Antony Whitehouse is the UK Head of Compliance for the BNP Paribas Group, one of the largest banking groups in the world, and Global Head of Fixed Income Compliance.  Prior to this he was in a similar role at Crédit Agricole.  He is Chairman of the Compliance Board of the Association for Financial Markets in Europe, as well as Deputy Chairman of the Securities Houses Compliance Officer’s Group.  In previous roles, he set up and was in charge of the UK Money Laundering Prevention Department at WestLB and was the Head of Compliance for WestLB London.  He previously worked at both the SFA, and the FSA, dealing with the larger and more complex institutions.

Ina is a UK qualified solicitor who manages the EMEA Securities Finance legal team at State Street Bank and Trust in London, covering legal and regulatory matters related to State Street’s agency lending programme and collateral management products.  Prior to her twelve years at State Street, Ina spent six years in the Derivatives & Securities Financing Group at Deutsche Bank AG London.

Martin Parkes is a member of BlackRock’s Global Public Policy team based in London. Prior to moving to this role, Mr. Parkes was a director in BlackRock’s legal team specialising in the regulation of BlackRock’s European-managed investment funds. Mr. Parkes’ service with the firm dates back to 2004, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining BlackRock, from 1999 Mr. Parkes was an associate in the financial services team of law firm of Eversheds specialising in the regulation of investment funds. Earlier Mr. Parkes worked in the financial services team of the law firm of Garretts from 1997 to 1999. He began his career in 1994, training at the law firm of Frere Cholmeley Bischoff.

Sian Wakeling trained at Cameron Markby Hewitt (now CMS Cameron McKenna) working in both the London and Brussels offices. In 1997 she qualified into their financial services team, where she spent eight years as an associate. Sian joined Practical Law in 2005 and is Head of Financial Services. Sian is currently a non-practising solicitor.