Financial institutions form the core of Allen & Overy’s client base and our Financial Institutions Group (FIG) brings together lawyers with specialist legal expertise and deep industry knowledge from across all our practice areas and offices.
With partners who focus exclusively on financial institutions transactions in offices across the world, we are well placed to advise on complex deals that often involve more than one jurisdiction.
Buffeted by a vast and growing regulatory reform agenda, particularly in the U.S. and Europe, volatile financial markets and adverse economic environment, financial institutions face considerable strategic challenges as they seek to navigate a path to achieving the returns expected by their shareholders. Our FIG team is working with our financial institution clients across the world to help them anticipate and prepare for change across the full scope of their businesses, both in terms of their own organisations and in terms of the products they offer their customers.
Recovery and resolution planning, remuneration rules, the impact of the Basel Committee’s responses to the financial crisis including regulatory capital requirements and liquidity issues, the development of new trading systems and other market infrastructure regulation, preparing for Solvency II, derivatives reform, developments in clearing OTC derivatives and regulatory investigations are just some of the areas in which our lawyers are applying their full intellectual nous and well-known skills to developing practical solutions for our clients.
We developed a regulatory tracker, GlobalView, to help our clients navigate through the key regulatory themes affecting the financial services sector.
Designed for financial institutions, it is the first of its kind to pull together developments at a global level, the EU, the UK and the U.S. in a graphical, intuitive and easy-to-use online service.
Dedicated groups focus on key issues for banks, mutuals and building societies, insurers, asset managers and stock exchanges, supported by specialists regularly working with hedge funds, global investment bodies and brokerage houses.