Financial services

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Outer Temple Chambers provides a complete service to the financial services industry through a uniquely broad pool of expertise which combines experience in financial services regulation with advocacy and representation in commercial and trust litigation, banking, insurance, pensions, civil and criminal fraud, professional negligence, insolvency, asset recovery, VAT appeals and EC and public law.

 

Our service

Accessible practical commercial advice in matters arising out of the Financial Services and Markets Act 2000 and related legislation with particular expertise in:

  • FSA compliance and regulatory advice
  • FSA enforcement matters including market abuse
  • Commercial litigation

 

Other services

  • Direct access to barristers for in-house counsel, commercial organisations and individuals
  • All forms of alternative dispute resolution (ADR) including arbitration and mediation
  • Early neutral evaluations where you can obtain an independent assessment of your case to help you decide whether to pursue legal action
  • Interim counsel and secondments where we provide a barrister to support in-house and solicitor services
  • Risk management services including training, assessment and evaluation, ongoing legal support and consultancy work
  • You can opt for hourly rates, fixed fees or negotiating a tailored fees package. We also offer conditional fee agreements (CFAs) for all types of casework which guarantees that we share the risk in the outcome of your case.

 

Our clients

Regulators, such as the FSA; the regulated, including banks, building societies, insurance firms, investment managers (hedge funds) and IFAs; and third parties such as accountants, actuaries, professional trustees, local authorities and investors.

We represent clients before the RDC, First-tier Tribunals, Crown Court, the High Court, Court of Appeal, House of Lords and European Court of Justice. In addition we have advised and worked with the General Counsel's Division, Enforcement Division and Regulatory Decisions Committee of the FSA on law, policy and rule implementation.

 

Direct access to barristers

Our barristers have extensive experience of advising and representing clients directly. We can often accept instructions from in-house lawyers, financial institutions, commercial organisations, professionals and members of the public without the need to go through a solicitor.

International Finance
We offer a comprehensive legal service in major international financial centres around the world including commercial and regulatory work, arbitrations and other advisory work. We have a number of barristers who are qualified in a variety of foreign jurisdictions including New York, the BVI, Cayman Islands, the Channel Islands and the Middle East.

Outer Temple Chambers has an established presence in the Middle East with an office in the centre of Abu Dhabi. We were the first Chambers to open an office in the region. Barristers have also arranged consultancies and secondments with local firms and international firms based locally. We have several barristers who have rights of audience in the Dubai International Financial Centre (DIFC) and several with a Sharia and Middle East legal background.

 

What the directories say

Outer Temple Chambers has seen further increases in financial services work. Michael Bowes QC is arguably 'the pre-eminent silk for market abuse'; whilst Richard Lissack QC's 'quality of advocacy is high'; he is recognised for high-level regulatory advice work for firms both at home and abroad. Nicholas Medcroft is singled out positively, and 'the clerks are very efficient and pleasant to deal with'. Legal 500, 2009

 

Notable cases include

 

Click here to download a copy of the financial services leaflet