Alongside our advice on debt and international finance we also advise our lender clients on regulatory reform, compliance and data security issues.
Our clients includes retail banks, investment banks, private banks and alternative lenders, such as debt platforms. Our presence in the Middle East means that we can offer locally based businesses particular expertise ensuring compliance with Sharia principles.
Retail and Investment banks
We advise retail and investment banks on all aspects of their core activities such as debt finance and regulatory issues. We are also regularly called on to advise on other functional areas which are critical to the banks’ business and which require a deep understanding of the sector and its specific compliance issues, for example in the area of cyber security, data protection and data centres.
Non-bank lenders represent a significant sector of the banking market and one in which we have established a track record. We understand the lending proposition that such platforms offer to the market and the different business drivers that such platforms face. We have advised non-bank lenders on all aspects of their core activities such as fund formation, debt finance and regulatory advice. We also provide solutions to them in other critical areas of their business such as IT, intellectual property, commercial contracts and employment. Our breadth and depth of experience in this sector enables us to offer commercial advice which combines the needs of the platform and the demands of its clients.
We have particular expertise in the private banking sector and advise both UK based private banks and overseas firms which wish to provide private banking services in the UK market. Our work includes advising on all aspects of debt finance. We also provide advice on the impact of UK and EU regulatory requirements to Private Banks including on consumer credit and on the structuring and documentation of their bank account services. With one of the country’s leading Private Wealth practices we understand the needs of high net worth banking clients and so are able to bring this perspective to our work in the private banking sector and offer commercial and pragmatic advice.
News & Insights
The UK Stewardship Code: 2020
The code, effective from 1 January 2020, retains a focus on long-term investment, with increased scope, standard and application.
Charles Russell Speechlys advises the management team of Optimum Credit on its sale to KKR-owned Pepper Money
Charles Russell Speechlys has advised Optimum Credit Limited, a leading provider of second charge mortgages, on its sale to Pepper Money.
FCA discussion paper continues call for the transformation of financial services culture in order to rebuild trust
David Hicks and William Granger consider the UK Financial Conduct Authority's new discussion paper on culture within financial services