Financial Services: Non-contentious Regulatory
UK Guide 2025 : UK-wide
Band 1
Email address
[email protected]Contact number
+44 20 3088 0000Chambers Review
A&O Shearman is highly regarded for its broad strength in the non-contentious regulatory space, offering clients the benefits of its close relationships with government, regulators and trade bodies in the shaping of regulatory reforms. The team combines this with a highly regarded payments practice, serving both infrastructure providers and tech-driven companies.
Work Highlights
- A&O Shearman advised SMBC Bank International on the regulatory aspects of the transfer of the securities business of SMBC Nikko Capital Markets to SMBC Bank International.
Strengths
Provided by Chambers
"A&O Shearman has a broad capability and everything you need for a large international project. The work product is good - cutting-edge - and they provide solid advice."
"The team at A&O Shearman have excellent technical knowledge and strength across a range of areas. They ensure the client is kept well informed and work carefully to remain in budget."
"A&O Shearman have a deep understanding of complex regulatory issues globally, delivered in a straightforward way by personable lawyers."
"They're excellent - they provide quick and comprehensive responses."
"A&O Shearman has a broad capability and everything you need for a large international project. The work product is good - cutting-edge - and they provide solid advice."
"The team at A&O Shearman have excellent technical knowledge and strength across a range of areas. They ensure the client is kept well informed and work carefully to remain in budget."
"A&O Shearman have a deep understanding of complex regulatory issues globally, delivered in a straightforward way by personable lawyers."
"They're excellent - they provide quick and comprehensive responses."
Notable Practitioners
Ben Regnard-Weinrabeheads the firm's payments practice and has notable experience in payments law, consumer credit issues and trading standard matters. His clients include well-known companies including payment services companies.
"Ben is a strong professional who ensures that his clients' interests are protected. He always delivers well-argued and thought-through advice and he possesses strong commercial acumen."
"Ben is extremely knowledgeable. He has a calm and pleasant demeanour, even when grappling with complex issues under extreme pressure."
"Ben is a proactive and commercially focused adviser with deep industry and regulatory knowledge."
Bob Penn enjoys a high profile for his expertise in non-contentious financial services regulation. His clients include major banks, listed companies and investment firms, and he often advises clients on implementation of secondary legislation, and compliance.
Barnabas Reynoldsis global co-head of financial services regulatory and financial institutions sector lead. He is highly sought after by banking institutions to advise on compliance with large-scale regulatory regime changes.
"Barnabas is highly responsive, clear in his answers and responsive."
"Barnabas is a super leader in the field. He is a trusted advisor and a strong advocate."
"Barnabas is an expert in banking regulations."
Damian Carolan offers high-level experience advising on compliance with regulations governing trading and market infrastructure.
"Damian is one of the greats of UK financial regulation. He has institutional knowledge and is highly intellectual. His work product is good and cutting-edge; he provides solid advice."
"Damian is an excellent adviser and a great support."
Nikki Johnstone advises leading payments providers, remittance services and technology companies on diverse concerns including authorisation, product launches and structuring.
Nikki Johnstone advises leading payments providers and technology companies on diverse concerns including authorisation and product launches.
"Nikki delivers a high level of client service which is always backed by her legal and commercial knowledge. She is a pleasure to work with."
Kate Sumpter is a go-to practitioner for international banks and financial institutions. She regularly advises on structural change projects and bank resolution issues.
"Kate demonstrates absolute focus and commitment to her client."
"Kate is highly responsive to queries and requests. She has a strong commercial application of technical matters."
Thomas Donegan is a partner in the London office who offers regulatory advice to a range of clients including large banks, investment companies and other financial institutions. Donegan regularly advises these clients in connection with M&A.
"Thomas is always available, clear, pragmatic and knowledgeable. He is available to answer questions and makes clients feel like a priority."
"Thomas is very responsive and has excellent expertise. He is quick to grasp the situation and any challenges."
"Thomas provides an all-around excellent service. He is commercial, pragmatic and very knowledgeable."