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Financial Services Professionals

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We have an experienced team of lawyers who advise on matters relating to financial services professional. Our team deals with coverage, monitoring and defence work - our team is recognised as being at the forefront of assisting financial advisers and their insurers with complaints, claims and contentious regulatory issues. We have been involved in this field for many years and enjoy an excellent reputation for our work which has included:

  • Investment products including all of the major mis-selling scandals and regulatory investigations over the last 15 years
  • Disputes involving pensions
  • Fraud
  • Fund management and investment strategy
  • Regulatory (includinf FCA, DISP rules and FOS)

Our expertise is based in both Bristol and London and, therefore, we are able to adopt a flexible approach so as to ensure creative and cost effective solutions.

Dispute resolution: We help our clients avoid litigation and provide expert advice to resolve disputes where possible. Our advice is clear, commercial and conscious of reputational risk. We will vigorously defend unmeritorious claims.

Full Service: As a full-service firm, we work closely with colleagues in areas such as tax and insolvency to provide comprehensive advice focused on achieving the best outcome. 

For more information and detailed credentials, contact the Partner team, details above.

19/05/2023
Ten things every insurer should know
The insurance industry is a major component of the global economy, operating internationally, to protect people and businesses against a wide range of risks. Establishing and operating an insurance business is highly regulated, and the complexity of
23/03/2022
CMS Expert Guide to European class actions
 Class actions have been on the rise in Europe for a number of years, but the rate is ac­cel­er­at­ing. New procedural devices intended to better fa­cil­it­ate col­lect­ive redress continue to be in­tro­duced. Of­ten these mechanisms operate on an opt-in basis,
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12/06/2024
Are Professional Indemnity Claims getting harder and more expensive to...
 Our annual Professional Indemnity Seminar for insurance professionals is taking place on Wednesday 12 June 2024. This year we will be considering whether Professional Indemnity claims are becoming harder and more expensive to defend and, if they are, what steps Insurers and Insureds can take to mitigate against this. There will be a number of short presentations from CMS partners and associates on what we consider are the key factors that are impacting the defence of Professional Indemnity Claims, including:The Court’s approach to case management and pre-action con­duct­Man­age­ment of claims against multiple insured partiesIssues in defending insolvent insuredsEnhanced claimant rights - Building Safety ActDevelopments in the recovery of costsPlease register by clicking the button below, and feel free to forward this invitation to colleagues who may find this of interest.
16/05/2024
ESMA releases Final Report on Guidelines for fund names using ESG or sus­tain­ab­il­ity-re­lated...
On 14 May 2024, ESMA released its Final Report setting out its finalised guidelines (the “Final Report Guidelines”) on the use of ESG and sus­tain­ab­il­ity-re­lated terms in investment fund names. Following...
16/05/2024
Built on sand: problems of risk allocation and collaboration in port development...
In­tro­duc­tion The British Ports Association estimated in 2022 that there were £1.7bn of port projects in the pipeline, and investment in port infrastructure topped £1bn in 2021. There is pressure to...
16/05/2024
A broader interpretation of "substance or composition" - good news for...
A recent decision from the EPO Boards of Appeal (T 1252/20) potentially paves the way for more diverse products to be patentable in Europe using the medical use claim format.The back­ground:Art­icle 53(c)...
07/05/2024
Energy and climate change: The most significant climate change litigation...
In Verein KlimaSeniorinnen Schweiz and Others v. Switzerland (application no. 53600/20), the European Court of Human Rights (ECtHR) issued arguably the most impactful and far-reaching ruling on climate...
30/04/2024
Financial Services Webinars On Demand
View recordings of CMS financial services webinars available on demand.Webinars are a convenient way to stay informed and hear from our legal ex­perts. We­binars On Demandmedium
30/04/2024
Court of Appeal rejects the Abbott tests for “convenient disposal” of multiple...
The Court of Appeal has overturned the tests set out in Abbott v Ministry of Defence [2023] EWHC 1475 (KB) [2023] 1 WLR 4002 in relation to determining whether it is suitable for multiple claimants to...
24/04/2024
CMS Banking Disputes Report 2024
Working with litigation analytics company, Solomonic, CMS has published its Banking Disputes Report 2024, a data-driven review of the Banking and Finance sector’s dispute-related activity to identify...
17/04/2024
APP fraud – Quincecare duty claims against banks replaced by new “retrieval...
The recent decision in CCP Graduate School Ltd v National Westminster Bank plc and another [2024] EWHC 581 (KB), demonstrates how Claimants are repositioning claims against banks arising from authorised...
15/04/2024
Fundamentally dishonest claimant’s claim dismissed: s.57 of the Criminal...
In Kirsty Williams- Henry v Associated British Ports Holdings Ltd [2024] EWHC 806 (KB), a claimant who had sustained serious injuries following her fall from a pier in 2018 had her claim dismissed because...
10/04/2024
FCA Consultation on Payment Optionality for Investment Research (CP24/7)
On 10 April 2024, the FCA published a consultation on Payment Optionality for Investment Research (CP24/7). In the consultation, the FCA proposes a new option for asset managers when paying for investment...
04/04/2024
Supreme Court ruling on the correct approach for assessing PSLA in “mixed...
In a judgment welcomed by claimants, the Supreme Court has upheld the Court of Appeal’s decision in the case of Hassam & Anor v Rabot & Anor [2023] EWCA Civ 19 in respect of the correct approach to...