Michael Bowes QC
| Call date: 1980 | Date of silk: 2001 | ||
| Email: Michael Bowes QC | Clerk: Stephen Somerville | ||
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Practice summary
Michael specialises in financial regulatory work, insider dealing, cartel/ antitrust activity, asset recovery, banking regulation, commercial crime and civil fraud. This covers work in the UK and at international level, linking with our Middle East and New York teams of specialist attorneys.
He receives instructions from the FSA, OFT, Lloyd’s of London and on behalf of commercial clients.
He was instructed by the FSA in its first criminal prosecution for insider dealing (R v McQuoid and Melbourne) which was tried in 2009 at Southwark Crown Court. Both defendants were convicted. He acted for the FSA in the Court of Appeal and McQuoid is the guideline case on sentencing in insider dealing cases. He is currently instructed by the FSA in a high profile prosecution of an insider dealing ring (R. v. Mustafa and others), which will be tried at Southwark Crown Court in 2012. He is instructed by the OFT in a criminal investigation into a suspected international cartel.
Michael specialises in regulatory work for Lloyd's. He has been involved in disciplinary tribunal matters and proceedings since 1997 acting for the Council of Lloyd's in disciplinary investigations and proceedings. The work has a heavy emphasis on the fiduciary duties of brokers/ underwriters, especially in the areas of commission taking and secret profits.
He speaks at seminars for Lexis Nexis on the topics of financial services/ banking regulation, corporate crime, asset recovery, cartels, the Bribery act, and cross-border investigations. He is a contributing author to the “Lissack and Horlick on Bribery” (published 2011) and was a contributing author to the Lexis Nexis financial services book “Financial Services Law & Regulation” published in 2010.
He took silk in 2001. He is a Recorder and is authorised to sit as a Deputy High Court judge.
Direct Access qualified.
- R v McFall, Rimmington & King
- FSA insider dealing prosecution: awaiting trial at Southwark Crown Court in 2010.
- R v McQuoid & Melbourne
- FSA insider dealing prosecution: March 2009
- R v. McQuoid
- Appeal against sentence: guidelines given by the Court of Appeal: [2009] 4 All E.R. 388
- Sunshine Corporation limited - in liquidation - RCJB
- Chancery case with civil fraud issues.
- Philip Glennon - receivership QB matter
- Multi million pound claim acting for client with offshore accounts in Guernsey- subsequently settled
"A highly competent lawyer with more than enough intellectual capacity to handle complex cases...” Fraud, Chambers and Partners 2012
At Outer Temple Chambers, Michael Bowes QC is "always calm and in control" and has an excellent reputation for his handling of criminal investigations and prosecutions. He is "highly skilled" at insider dealing cases…Financial Services, Chambers and Partners 2011
Also present at Outer Temple, Michael Bowes QC is hailed as excellent to work with by instructing solicitors. One enthused: "He’s hard-working, economical, much respected by judges and opponents, and good at keeping the interest up in a case." Bowes excels in complex fraud cases... Fraud, Chambers and Partners 2011
Michael Bowes QC is highly recommended for financial services and regulatory issues and was recently instructed by the FSA on its first criminal prosecution for insider dealing, R v McQuoid and Melbourne. Banking and finance, Legal 500 2011
Appointments & memberships:
- Deputy High Court Judge
- Recorder
- Bencher (Middle Temple)