Helping big business navigate the rules.
In a world of ever-more complex and interlocking regulatory requirements, compliance is a growing burden, with enforcement action and penalties becoming more severe.
Our regulatory lawyers are market leaders in identifying risk arising from regulatory change and helping multinational businesses to minimise it.
We have wide cross-border experience, working on strategic advisory, transactional, investigative and enforcement issues.
We are especially well known for advising financial institutions on financial services regulatory matters. Our history dates back to the early 18th century when Freshfields first advised the Bank of England. Now we operate in the major financial jurisdictions for most of the largest financial institutions including banks, funds, asset and wealth managers, insurers and market infrastructure providers.
We have more than 50 partners worldwide with significant contentious and non-contentious financial services regulatory expertise, and a global network of experts advising on the full spectrum of regulatory issues, covering prudential, conduct and enforcement.
We also have a great deal of expertise advising clients in regulated industries across the world, including telecommunications, pharmaceuticals, healthcare and energy. We advise on the effect on fast-developing regulation, build compliance programmes, and help our clients manage regulatory enforcement risk, often involving multiple regulators across jurisdictions.
This was a high-profile mandate under significant time pressure. The schemes were an important part of managing the risks faced by the market following the referendum result.
MiFID II is the revised version of the Markets in Financial Instruments Directive, the EU legislation regulating firms that provide services to clients linked to financial instruments. We are advising on regulatory implementation and compliance.
Several of these mandates have moved from initial advice to the proposed implementation of Brexit plans.
This was the biggest investigation post the financial crisis, involving more than 25 regulators in more than 10 countries.