Clients in the financial services markets are now under more pressure than ever following a series of bank failures and a re-vamped approach to the regulation of financial institutions. With the Coalition government’s intention to abolish the Financial Services Authority and replace it with of three new regulatory bodies by the end of 2012 and constant regulatory review from Brussels, it is essential that financial services clients are advised on a commercial, practical and cost-effective approach as to their ongoing requirements under regulatory rules. We will provide updates via our website as to the progress of the Financial Services Bill 2010-2012 through Parliament. Our most recent news update on this issue can be found here, with links to Parliament’s latest draft and HM Treasury’s policy document.
Druces is able to offer a tailored service for banks, consumer finance companies, life offices, alternative investment funds, brokers, managers and IFAs regulated under the Financial Services and Markets Act 2000. We provide tailored advice, structured to suit the increasingly complex regulatory environment in which our clients operate. Our approach and advice is designed to be commercial whilst acknowledging and understanding the technicalities of the relevant legislation, statutory instruments, rules and guidance books with which our clients must comply.
In addition to financial services advice, Druces provides a wide range of services to operators within the Financial Services sector including advice and representation on Corporate & Commercial, Taxation, Business Turnaround, Restructuring & Insolvency, Employment, Property, Private Client and Lititgation & Dispute Resolution issues.