Paul Anderson is a partner in our Financial Services Practice Group. His particular expertise covers a range of retail and wholesale financial services businesses. Paul has specialised in financial services matters for over 10 years. Paul’s practice covers clients from the banking, investment management, insurance, building society, broker dealer and IFA sectors as well as intermediaries in the energy, investment and insurance sectors. Paul was previously International Counsel at Prudential Bache, the UK investment business of Prudential Financial, Inc., where he supported the investment management, stock broking and commodity trading parts of the business in the UK and European branches in the Netherlands and Belgium.

Representative Experience

• Advising a UK plc bank on risk exposure weightings under FSA's BIPRU sourcebook
• Advising a consortium of UK deposit-takers on the negotiation of terms for joining the UK's first deposit-takers platform
• Advising a UK retail stockbroker in relation to model B clearing arrangements
• Advising a fund management group in its dispute over charges with an international bank custodian services provider
• Advising a UK fund manager on its transfer agency agreement with an international bank
• Advising a UK mutual on the creation, launch and roll out of its OEIC offering
• Advising a UK fund manager on its distribution agreements with platforms, life funds, wrap providers
• Advising an investment sector client on the marketing and sale of unregulated collective investment schemes in the UK
• Advising in relation to FSA Applications for authorisation and Variations of Permission
• Advising banks and deposit takers in relation to treasury market and hedging documentation including ISDAs and Repos
• Advising a bank in relation to a BIPRU 12 netting opinion for FSA netting purposes
• Advising in relation to FSA change of control procedures and the completion of applications to the FSA for change of control consent
• Advising a VC fund manager on its FSA authorisation and establishment, including perimeter issues, regulated activities, the FSA application and compliance issues
• Advising a UK SIPP provider in relation to terms and conditions and key features documentation
• Advising a managing director on an FSA investigation and subsequent FSA enforcement action
• Advising a senior director on a proposed FSA enforcement action
• Advising an insurance intermediary in relation to CASS client money issues
• Advising in relation to FSA rules on approved persons, including dealing with FSA applications and withdrawal or termination of approved person status
• Advising an operator of unregulated collective investment schemes in relation to the operator agreement, information memoranda and related matters (including EIS schemes and BPRA Schemes)