Damian Carolan
Partner
London
Damian Carolan
Partner
London
Contact Details
Damian is head of A&O’s UK Financial Services regulatory practice. He advises financial institutions on national and international regulations, with a particular focus on derivatives and securities regulation and the development of new markets and clearing settlement systems.
He regularly advises banks on regulatory reform, including changes to custody requirements, payment systems and the authorisation processes to open new branches and subsidiaries. Damian has assisted industry associations with developing standard form documentation and submitting responses to consultations with regulators. He is also a leading legal and regulatory expert in financial market infrastructure and has been involved in a variety of innovative bank and infrastructure projects as digital assets and distributed ledger technology become an ever more important part of the financial landscape.
Damian is ranked as a leading individual for regulatory matters by Legal 500, Chambers & Partners and as a leading lawyer by IFLR1000 and is regularly quoted in the press on regulatory matters.
"Damian is agile and quick-thinking with a very practical and commercial approach. A good communicator." – Chambers UK 2021 – Financial Services: Non-contentious Regulatory.
“Damian Carolan is a good leader who always brings new perspectives or ideas to technical issues." – Legal 500 UK, Financial Services Non-contentious regulatory 2022
Expertise
Practices
Capital Requirements Regulation
Sectors
Qualifications
Professional
Related articles
Publications: 22 July 2022
Financial Services and Markets Bill - Big Bang 2.0, or more of the same?
On 20 July 2022, just before the UK Parliament’s summer recess, the long awaited Financial Services and Markets Bill (FSM Bill) was introduced to Parliament.
Publications: 16 June 2022
UK unveils plans to regulate any service provider deemed to be 'critical' to its financial sector
Blog Post: 18 May 2022
What the FCA’s Business Plan and Strategy really means: a brave new world
Blog Post: 17 May 2022
What the FCA’s Business Plan and Strategy really means: financial crime
Expertise
Practices
Capital Requirements Regulation
Sectors
Qualifications
Professional
