Counting international banks, insurers, investment groups, market infrastructure operators and asset managers among its key roster of clients, Slaughter and May handles a broad range of advisory, transactional and strategic regulatory mandates. Jan Putnis, who maintains a strong track record in handling financial services regulatory matters and cross-border transactions, jointly leads the practice alongside Nick Bonsall, who is praised as ‘a truly outstanding figure in the market’. Bonsall continues to showcase an interest in EU/UK regulatory regimes for solvency/own funds and governance, while ’standout partner’ David Shone acts for a range of financial institutions, financial technology enterprises and challenger banks. Other key contacts in the group include Sabine Dittrich and Kristina Locmele.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Slaughter and May has a great financial services team.’

  • ‘Nick Bonsall provides savvy advice, perfectly guides the client and is super responsive. A truly outstanding figure in the market.’

  • ‘Slaughter and May are my go-to firm when there is a complex regulatory matter that is high risk and requires immediate priority.’

  • ‘David Shone is able to distill extremely complex rules into digestible and applicable principles and requirements.’

  • ‘Exceptionally creative when it comes to finding solutions and understanding the legal and regulatory environment clients are working in. Clear and concise advice which is reliable and thorough.’

  • ‘David Shone is a true standout partner, who understands client drivers and is able to consistently deliver top notch legal advice.’

  • ‘The team and S&M are knowledgeable and will take the time to understand complex business structures before providing advice on crucial matters. Clients are kept well informed of outcomes and case progress.’

  • ‘Nick Bonsall has a huge breadth of knowledge of financial services regulation and can turn his hand to considered and commercial advice.’

Key clients

  • Aviva
  • HM Treasury
  • Pollen Street
  • Standard Chartered
  • Prudential
  • Allianz
  • abrdn
  • Sumitomo Mitsui Financial Group
  • Arrow Global
  • Non-standard Finance
  • Monzo
  • OneSavings Bank
  • BT Pension Scheme
  • Moody’s
  • Handelsbanken

Work highlights

  • Advised Aviva on the regulation requirement of AIG Life Limited from Core Bridge Financial for £640 million.
  • Advised Non-Standard Finance on the regulations in relation to its financial restructuring to fund the partial payment of redress claims, while restoring its position and allowing its Everyday Loans bran-based business to continue trading.
  • Advised HM Treasury on the UK implications of the crisis in confidence in Credit Suisse Group.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Jan Putnis, Nick Bonsall

Other key lawyers

David Shone, Kristina Locmele, Sabine Dittrich