Kate Troup, Partner
Kate advises clients in the financial services industry on a wide range of legal and regulatory issues.
AboutKate has particular expertise in the investment management and private banking sectors, and advises both UK based firms and overseas firms who wish to provide investment and banking services in the UK market. Her work includes advising clients on the impact of UK and EU regulatory requirements on their activities. She advises in particular on issues arising from conduct of business requirements including client documentation and disclosures, financial promotions, anti-money laundering, suitability and distribution. An important part of Kate’s practice is advising banks on the legal aspects of lending and she has advised many banking clients, particularly in the private banking community, on the structuring of lending facilities consistently with the increasing application of regulation in the area of consumer credit and mortgages. Her work has also included providing advice to banks in relation to the structuring and documentation of their bank account services and deposit facilities.
As part of her work for clients in the investment management sector Kate has been involved in the structuring and establishment of a wide range of authorised and unauthorised collective investment arrangements including UCITS and NURS funds, common investment funds and alternative investment funds.
Kate is admitted to practise in England and Wales.
- Advised a Swiss private bank in relation to its application to the FSA to obtain a deposit taking licence for its UK subsidiary
- Advised a leading wealth manager on the re-structuring and updating of its suite of client agreements
- Advised a number of private banks on UK regulatory changes including the impact of changes to the Consumer Credit Act 1974 and the FCA’s Mortgage Conduct of Business Rules on lending documentation and procedures, and advising on the impact of the FCA’s BCOBs rules and the Payment Services Directive on their current and deposit account terms and conditions
- Advised on the establishment of a number of investment funds aimed at the charity sector, and on the restructuring and merging of a number of charity sector investment funds, in particular common investment funds
FCA reminds firms that the fight against market abuse continues during lockdown – can you demonstrate that your policies are fit for purpose in a home working environment?
The fight against market abuse continues during lockdown – can you demonstrate that your policies are fit for purpose?
FinTech funding: when to get regulated
Venture investment in FinTech in the first half of 2017 hit $8.4 billion, but are FinTechs ensuring that they are sufficiently regulated?