Financial Services & Markets

Regulatory Advice

• Instructed by Macquarie to provide multi-jurisdictional advice on the regulatory requirements applying to various trading and banking activities in Europe. Among other things, this involved utilising BLP’s international network to provide advice in relation to a range of complex financial services regulatory issues.
• Advising a leading investment bank in relation to its anti-market abuse compliance procedures.  This involved an extensive review of its commodity trading operations and the compliance controls relating thereto. 
• Advising a multinational energy group in relation to the legal and regulatory consequences of proposed energy trading activities in Singapore.

• Advising Citigroup on the establishment of an OTC derivative product for fund managers. This involved establishing the product from scratch without the use of any previous precedent. The matter required a detailed knowledge of derivatives, clearing arrangements, outsourcing, regulation and investment funds.
• Instructed by the Futures and Options Association to draft detailed market abuse monitoring guidance in response to the FSA’s increased focus on market abuse monitoring.
• Advising a major commodity trade in relation to an ongoing transactional relationship with a US institution.

• Representing an international insurance and reinsurance group in conducting an internal investigation and preparing a report to the FSA concerning alleged mis-selling and systems and controls relating to the sale of general insurance products; and representing the group in subsequent FSA enforcement proceedings and settlement negotiations.
• Representing listed companies, private equity houses, corporate brokers and a series of company directors in investigations by the FSA into suspected insider dealing and/or market abuse.
• Representing senior management of a global financial services group in relation to the FSA’s investigation and enforcement proceedings for failing to implement effective systems and controls for the prevention of bribery and corruption in various overseas jurisdictions.
• Advising an international fund management group including conducting a cross-border investigation and handling relations with the FSA, HMRC, SOCA and overseas financial regulators concerning whistleblower allegations of criminal conduct and regulatory breaches.

Our Clients

Example clients include: