Damian 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 advises banks on regulatory reform, including changes to custody requirements, payment systems and the authorisation processes to open new branches and subsidiaries. Damian has also assisted industry associations with developing standard form documentation and submitting responses to consultations with regulators.
Damian is ranked as a leading individual for regulatory matters by Chambers & Partners and as a leading lawyer by IFLR1000 and is regularly quoted in the press on regulatory matters.
“One interviewee describes him as “both technically expert and user-friendly,” and notes: “He genuinely understands how financial institutions are put together and the regulatory environment in which they function.”” – Chambers UK 2018 – Financial Services: Non-contentious Regulatory.
Allen & Overy LLP
One Bishops Square
News & insights
Publications: 03 AUGUST 2020
The UK left the EU on 31 January 2020 and is in a transitional period that ends on 31 December 2020. During this period, EU law continues to apply in and to the UK and UK financial services firms…Read more
Publications: 17 APRIL 2020
As required by the existing framework, the MiFID II review has begun but what is not clear at this stage is whether it will be a complete re-write or simply MiFID 2.5.Read more
Publications: 20 MARCH 2020
The Covid-19 pandemic presents an unprecedented challenge and will affect all walks of life. The quantum of the impact is hard to determine at this stage although based on preliminary assessment and…Read more
Publications: 17 DECEMBER 2019
As the UK processes the result of December's general election and the political drama that entailed, we reflect on what it means for financial institutions’ Brexit plans.Read more