With a ‘longstanding reputation for financial services work’, Outer Temple Chambers’ members ’routinely act for and against the FCA, PRU and Lloyds of London’. Michael Uberoi and Henry Reid acted for the defendant in FCA v Reynolds, proceedings brought against a financial adviser seeking the disgorgement of over £2m of commission payments obtained in consequence of advice given to members of the British Steel pensions scheme; with the Upper Tribunal appeal being heard in June 2024. Oliver Powell, who always ‘goes the extra mile for his client’, is particularly well regarded for regulatory enforcement action taken by the FCA and Lloyds, internal investigations conducted by financial institutions, and criminal prosecutions brought by the FCA and SFO.
Testimonials
Collated independently by Legal 500 research team.
- 'The clerks are brilliant - open, honest and clear. You always know where you stand with them.'
- 'Sam Carter is very helpful and always keen to ensure that the right barrister is put forward for a particular instruction.'
- 'Sam Carter is a dream to deal with - leads the chambers incredibly well.'
- 'Very quick service and amiable clerks. Sam Carter is very impressive.'
- 'Outer Temple Chambers has a longstanding reputation for financial services work, but unlike other sets this sector, it has the unique ability to service civil, regulatory and criminal financial services work.'
- 'Members routinely act for and against the FCA, PRU and Lloyds of London. They are also strong on both oral and written advocacy.'
- 'A good set for financial services that has very strong expertise in financial sanctions in particular.'
- 'Outer Temple has some of the broadest range of expertise of all commercial chambers.'