Financial Services
Financial Services
“Financial services” covers activities and organisations that manage money, including banks, building societies, insurance companies, investment funds, brokers and financial advisers. Financial services, perhaps more than any other sector, has come under closer legislative scrutiny than any other area of business in recent years. In the wake of the banking crisis from 2007 onwards, regulators have turned their attention to the way banks and financial services organisations operate, with the aim of preventing further crises. The consequence has been a plethora of new laws and regulations, not just in the UK but also in Europe and the U.S.
Whether yours is a business in the financial services sector or you an individual with a particular legal problem associated with financial services, myBarrister can put you in direct contact with a barrister who will be able to provide you with clear, effective and timely advice.
Your barrister will be able to advise, among other issues, on:
- Corporate advice, including setting up financial services businesses, joint ventures, mergers and acquisitions, and setting up e-money and payment services.
- Regulation. In the UK, there are three regulators, including the Financial Conduct Authority (FCA), the principal regulator, the Financial Policy Committee within the Bank of England, and the Prudential Regulatory Authority.
- Claims for mis-selling or misrepresentation. Your barrister will be able to advise you on any claims you may have against financial services organisations for mis-selling or misrepresentation. He or she can also advise you if you make a formal complaint to the Financial Ombudsman Service (FOS).
- Disputes. If you are in dispute, your barrister can advise on the strength of your claim, how to take the dispute forward and how to resolve it.
Why should I choose a barrister?
Barristers are experts in the law. They deal in particular areas of law, day in, day out. They are best placed to advise you on your legal position, draft legal documents, advise on formal proceedings and use his or her advocacy skills to represent you to the highest standard in any court, tribunal or hearing.
Is mediation right for me?
If you are involved in a dispute, it might be worth considering mediation as an alternative to going to court. Mediation [insert hyperlink] is usually a quicker and cheaper way to resolve a dispute. myBarrister can connect you to specialists in mediation.
Which barrister should I choose?
If you need expert advice about a financial services matter that relates to you either personally or in your business, choose a barrister on myBarrister. Barristers will provide you with guidance so you that you know where you stand and can take the right decisions about what to do next.
Start your search and you’ll be in direct contact with a financial services barrister within minutes.