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Damian Carolan

Partner

London

Carolan Damian
Damian Carolan

Partner

London

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. 

News & insights

Sun reflecting off high rise buildings

Publications: 11 JUNE 2021

The Financial Services Act 2021

The first step in shaping the UK's financial services regime post-Brexit.

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Authorising your holding company

Publications: 16 APRIL 2021

Authorising your holding company

Certain UK incorporated holding companies of banks and investments firms will, for the first time, be required to obtain PRA authorisation in 2021. 

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AIFMD Review the key areas of focus for depositaries

Publications: 08 DECEMBER 2020

AIFMD Review – the key areas of focus for depositaries

The European Commission has launched its public consultation on the review of the AIFMD. 

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Abstract

Publications: 15 OCTOBER 2020

The MiFID Review - a ‘stocktake’ on recent publications impacting wholesale financial markets participants

Over the last two months, the industry have seen a number of proposals from both the European Commission and ESMA in relation to the MiFID Review.

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Office

London

Allen & Overy LLP
One Bishops Square
London
E1 6AD

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Qualifications

Professional

Admitted as solicitor, England and Wales, 1997