PIMFA Roundtable: Avoiding A Culture of Complacency

David joined DAC Beachcroft in 2017 from Clifford Chance. He has a broad employment practice, including investigations, employment tribunal litigation and employment regulatory advice. His clients include global banks, insurers, brokers, private equity firms and their portfolio companies, a global social media firm, a listed housebuilder and two US law firms.

Chambers says, “David Sims stands out for his high-quality representation of clients in the financial services market” and “David is a standout practitioner. He is technically excellent, always responsive and gives commercial, strategic advice every time.”

Angela is a financial services regulation expert with a main focus on investigations and enforcement defence but also with an advisory practice.

Angela has more than 20 years’ experience advising clients across the spectrum of financial services –  banks (investment and retail), asset managers and investment funds, securities brokers, wealth advisers, insurers, and listed companies.  Angela is well known for her particular expertise regarding market abuse, financial crime and regulatory issues impacting the asset management sector.

Angela’s career has included 12 years as a partner in the London offices of leading US law firms.

Angela has led many major regulatory investigation and defence projects, including coordinating cross-border multi-jurisdictional matters, involving the PRA, FCA, SFO, DOJ, SEC, NY DFS and other regulators in Europe and around the globe.  These cases have covered a wide range of issues but include complex market manipulation, investment and trading errors, transaction reporting, fraud and allegations of bribery and corruption.  Angela has also assisted many clients with internal investigations and dialogue with regulators, where the facts found have enabled clients to avoid regulatory enforcement action.  Most recently this has included issues raised by whistleblowers and culture/conduct issues.

Angela’s advisory practice includes conduct risk mitigation,  corporate governance and the senior manager and certification regime, advising on the launch of new products and new businesses (including obtaining authorisation for a new bank and a new life assurance company) and transactional support, including the acquisition of wealth and asset management businesses and Part VII transfers of insurance business.