Financial services regulation and compliance
For those working in the financial services, the regulatory environment is complex and evolving, with firms having to devote more resource to governance, risk and compliance issues. A steady stream of legislation is creating a changing landscape with product design, distribution and competition issues all under increased regulatory scrutiny.
At the same time, financial crime and conduct risk issues are generating a raft of enforcement actions and heavy fines from regulators around the world, often working together to tackle issues across global markets.
An expert team
ICAS multi-disciplinary global team includes leading lawyers, former regulators and specialist compliance experts. Our team works across wholesale and retail markets to provide expert advice on a range of regulatory and compliance issues.
"A big team and a very polished team”.
Chambers and Partners
We advise asset managers, investment banks, and brokers/agents tackling issues such as fund formation and distribution, financial crime and cross border regulatory investigations. In the retail space we advise banks, retail finance houses, life offices and merchant services providers.
We have had large teams working on regulatory and enforcement issues such as PPI, interest rate swaps mis-selling and client assets. We have a market leading consumer credit and payment services team which is at the cutting edge of the technological, commercial and regulatory developments affecting the sector.
ICAS Reviews
We are one of a small number of International Finance Consulting Organizations appointed to the ICAS skilled persons’ panel to undertake reviews for firms in relation to governance, controls and risk, conduct of business and financial crime issues. We have been involved in investigations, enforcement actions and reviews relating to issues such as client assets, money laundering controls and investment mis-selling