Financial Services & Insurance

Michelmores understands the regulatory and reputational sensitivities that shape Corporate strategy within the FS&I sector. We advise on the full range of Corporate activity, including:

• M&A transactions and equity funding for both company and sponsors.
• Joint ventures and strategic partnerships.
• Management buy-outs.
• Corporate re-organisation and restructuring.
• Private equity, venture capital and family office investments, acting for management teams, portfolio companies and sponsors.
• Change of control advice.

Key contact: Adam Kean

Our cross-disciplinary team includes specialists in:

• Regulatory advice – focused on investment firms and insurance distributors, we provide regulatory advice addressing the AR regulations, conduct of business (COBS and ICOBS), financial promotions (including crowd funding), product governance (including PROD and Consumer Duty), change of control, mortgages (including MCOBS), UK payment services law, consumer credit, the UK Listing Rules, and the Money Laundering Regulations.
• Commercial agreement drafting and negotiation covering – agreements entered into between FS&I firms and other market participants or their clients. Such as investment management agreements, AR and introducer AR agreements, custody and dealing agreements, and distribution agreements.
• Data and technology – we steer FS&I clients through critical change and outsourcing projects, material supply contracts, and day-to-day commercial and technology work. Our team applies combined strengths in FS&I regulation with an intimate grasp of technology (and associated intellectual property, data protection and evolving AI law) to solve client needs. Michelmores understands the ‘nuts and bolts’ of the interplay between regulated financial and insurance products and services and technology.

Key contact: Tom Torkar

Michelmores’ financial services, securities and investment disputes team is led by Jonathan Kitchin, Jennifer Morrissey and Andrew Oldland KC. We focus on disputes involving FCA regulated persons or businesses, listed companies and investments. Our expertise includes:

• Claims arising from M&A activity in the Financial Services & Insurance sector.
• The recovery of losses spawned by alleged misconduct, mismanagement or the misappropriation of investments and fraud.
• Regulatory investigations and enforcement action including “s.166” skilled person reviews.
• Insurance coverage disputes for policyholders.

Our team also includes senior litigators with complimentary reputation management and insolvency expertise, offering strategic clarity and discretion in complex, sensitive or high-stakes matters

Key contact: Jonathan Kitchin

Our team of dedicated Banking and Finance lawyers equip clients with the knowledge and mechanisms they need to achieve their ambitions. We support banks, finance houses, alternative funders, funds, development finance institutions and borrowers on complex lending transactions and projects. The firm’s expertise includes:

• Alternative credit – private and alternative credit transactions, including advanced overrider, general insurer overrider, profit commission sliders.
• Leveraged finance – structuring and executing debt investments in the context of corporate transactions.

Key contact: Karen Williams

We advise FS&I corporates on Employment Law and regulatory issues, including senior manager exits (contentious and non-contentious), large-scale redundancies, grievances and disciplinary matters relating to the Senior Managers Regime.

Key contact: Rachael Lloyd