clerks@newsquarechambers.co.uk
Regulatory and Financial Services
New Square Chambers has deep expertise in financial services and regulatory matters.
Members of Chambers are instructed both for and against financial institutions on a regular basis. This work is assisted by its natural fit with Chambers expertise in chancery, commercial fraud and offshore work. Members of Chambers have been involved in some of the most high-profile financial services and regulatory work of recent years including swaps mis-selling and LIBOR manipulation.
It is not just in the area of financial services where individuals and companies are facing an increasing regulatory burden. As a result, members of Chambers provide tailored advice about the regulatory landscape in a large number of other sectors whether that be to accountants or to estate agents.
Examples of recent work include advice and litigation relating to:
Investigations and commercial crime
Members of chambers have extensive experience of advising and acting for UK and international individuals and corporations at all stages of potential regulatory non-compliance, investigations and prosecutions by UK and overseas government regulators.
Examples include:
Members’ experience and expertise goes back over 25 years to many of the most important domestic and international regulatory investigations and prosecutions in respect of commercial and banking fraud and breaches of market regulation including Maxwell, BCCI, Gooda Walker, Wickes, TransTec, Torex, Asil Nadir and Celtic Mining. It includes international corruption cases such as British Aerospace, V Mobile and Innospec; sanctions cases such as for Oil for Food and cartel cases such as Kent Pharmaceuticals. Most recently Chambers has been engaged in the successful defence of the brokers in the SFO LIBOR prosecution.
Our expertise in these areas combines with the other specialist practice areas of Chambers in offshore matters in BVI, Cayman, the Channel Islands and other jurisdictions as well as several African jurisdictions and the Far East.