Our clients trust us to provide an exceptional level of regulatory advice. We work across a range of sectors where we have in-depth industry knowledge, including financial services, insurance, retail, transport, local government and energy.
In the financial services sector we work with Asset Managers, Banks, Brokers, Consumer Lenders, Fund Managers, Investment Managers, Payment Firms, Private Equity investors, Trustees, and Wealth Managers.
Our approach enables firms to manage the volatility, complexity, uncertainty and ambiguity resulting from evolving financial regulation; we help firms address these issues and anticipate the impacts of regulatory change on their business.
Our Regulatory Consulting team has a detailed understanding of the effects of financial regulation. We offer a range of strategic, business as usual or problem solving solutions. These include:
We believe that regulation can be a differentiator, helping firms to innovate, stand out and create trust with their customers, rather than simply being a cost of doing business.
Our team combines business advisers with legal expertise, and we are experienced in working with financial regulators. The diversity of our team enables us to deliver bespoke commercial and compliant solutions to a range of regulatory issues. Our team is led by senior individuals who are regulatory experts with many years of industry and advisory experience including acting as 'Skilled Persons' leading FCA and firm instructed Section 166 reviews. We can truly operate as business advisors to help your firm not just survive but prosper. We are also a Member of the Association of Professional Compliance Consultants and won the 2019 Compliance Register Award for 'Best Law Firm – Regulatory Advice'.
The Senior Managers and Certification Regime ('SM&CR') came into effect on 9 December 2019. DWF recently hosted a round table event to discuss implementation issues with a range of firms in the finance and insurance industries.
The EU's deadline for member states to transpose the majority of the Fifth Money Laundering Directive ("MLD5") into local law comes into effect today. Notwithstanding Brexit, the UK has adopted MLD5 which has been introduced as a follow up to its predecessor, MLD4.