England - London • Corporate and commercial
Shoosmiths LLP
A strategic focus on foreign banks, the wealth management sector, and asset-based lenders differentiates the practice at Shoosmiths LLP. The team’s broad workload spans representation in FCA enforcement proceedings and internal investigations, as well as advice on notification and reporting obligations. Follow-on litigation arising from regulatory breaches is another area of strength, with Birmingham-based national head of dispute resolution Alex Bishop providing key support in such cases. Daren Allen heads up the dedicated financial services disputes and investigations offering.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Availability of partners and their experience.’
‘Daren Allen is a standout practitioner who is approachable and diligent at all times. He has wide and significant industry-related experience and is highly regarded in compliance circles in the City of London.’
'The team has strength and depth in its leadership and significant experience in this field.'
Work highlights
- Advised a foreign bank on all aspects of an extensive regulatory change programme for the implementation of the FCA’s new consumer duty.
- Instructed by a UK bank to undertake an extensive investigation following a complaint by a commercial customer that the client had breached its duty of confidence and disclosed sensitive information, which resulted in significant loss.
- Acting on behalf of a foreign bank following the discovery of regulatory failings concerning the conduct of senior officers, undertaking an investigation, and advising on disclosures to the FCA.
Practice head
The lawyer(s) leading their teams.
Alex Bishop, Daren Allen