Jacob Ghanty joins BLP’s Funds and Financial Services Group to boost non-contentious capabilities
Berwin Leighton Paisner (BLP) has boosted its non-contentious financial services team with the recruitment of Jacob Ghanty, a specialist in financial services regulation who was formerly a partner at Pinsent Masons.
Jacob undertakes a wide range of non-contentious financial services work and has particular expertise in the retail, trading and insurance sectors. He has worked for clients that include AXA, Barclays Bank, Credit Suisse and HSBC, and spent time seconded to Fidelity.
The recruitment strengthens BLP’s highly regarded financial services and markets team, which includes leading experts Sidney Myers and Nathan Willmott, and boosts the team’s ability to advise clients on a range of regulatory issues.
Jacob’s expertise in the insurance sector and of working with investment funds means he will also work closely with the firm’s numerous top-ranked specialists in these areas. BLP’s insurance sector experts include Jonathan Sacher, Anthony Lennox, Pollyanna Deane and Adam Bogdanor, while the firm’s investment funds team includes Tim Simmonds, Antony Grossman, Peter McGowan, Victoria Henry and Kate Binedell.
The hire follows a series of recent announcements about the recruitment of partners with expertise in the financial services sector. Most recently this includes Daren Allen, former head of Financial Services at DLA Piper, while others include Lisa Mayhew and Marian Bloodworth, who recently joined the firm’s Employment team, and Matthew Kellett and Lucy Oddy, who joined the growing Finance department, which Matthew now heads up.
Other BLP recruits in the past six months include: Alistair Duffield, who will head up the firm’s Singapore office and will join with five other lawyers to double the size of the South East Asian operation; Michael Metliss, the former head of SJ Berwin’s Property Disputes team; James Knox, one of the UK’s most highly regarded real estate lawyers, who joined from Linklaters; and Andrew Hockley, a leading competition specialist who joined from an in-house role at BP.
Sidney Myers, head of BLP’s Financial Services group, said: “Regulation is an increasingly important issue for all financial institutions, with tighter controls and oversight, additional regulation coming from Europe, and the major changes to the structure of the regulatory framework that will follow the establishment of the new Prudential Regulation Authority and Consumer Protection and Markets Authority. A wide range of other clients also need advice to ensure they meet their regulatory obligations, including listed companies and those involved in raising funds.
“As a result, clients have indicated that they want us to expand our capabilities in this area. Jacob’s recruitment will enable us to provide more support to these clients as they engage with the regulators and ensure they have the right internal processes and procedures in place.”
Jacob said: “BLP’s transformation over the last few years has been remarkable and it is exciting to be joining such a dynamic team. The firm’s financial services regulation experts include some of the industry’s most highly regarded figures, so it is great to be working with them, as well as with other leading specialists from other legal disciplines who have expertise in financial services, investment funds and insurance.”
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