Antony Hainsworth is a Partner in the firm’s European Financial Services Regulatory practice. Antony specialises in providing practical and pragmatic advice on financial regulation and financial markets to clients across the sector.
Antony has over 15 years experience advising on both contentious and non-contentious regulatory issues for clients across the full spectrum of financial services, with a particular focus on the challenges faced by international firms in managing their supervisory relationships; the use of trading venues, CCPs and other market infrastructure; managing conflicts between international rules; meeting regulators’ expectations on outsourcing and third party risk management (TPRM); and designing and implementing effective governance and operational frameworks. Antony has particular experience in helping clients to develop efficient product and service models for their UK and cross-border activities, which help clients meet their regulatory objectives whilst maintaining the most competitive business possible.
Antony has assisted multiple firms with developing their policies, procedures and other normative documentation and helping to embed best practice within firms. In addition, Antony has a particular interest in ESG and the regulation of sustainable finance, along with the development of the EU and UK green taxonomies and what these mean for both firms and investors.
Antony spent seven years as the UK Head of Financial Services Regulation at a leading G-SIFI and was a key advisor and stakeholder in the implementation of their EMIR, MiFID II and Brexit projects.
Antony is an active participant in multiple industry associations and is a former contributing editor of the Butterworths Encyclopaedia of Banking Law.
- Leading the post-Brexit authorisation by the PRA and the FCA of a key G-SIFI, including oversight and development of the bank’s regulatory business plan and advising on the adaptations to the bank’s business model necessary to operate in the UK as a Third Country Branch (TCB) without EU passports.*
- Advising on the adaptation of a leading global markets franchise to comply with MiFID II and EMIR.*
- Developing policies and procedures to assist a leading energy business in operating safely outside the perimeter of regulation without requiring an FCA authorisation.*
- Advising a leading international bank on compliance with the PRA’s expectations on outsourcing and Third Party Risk Management (TPRM), including the development of an internal governance framework.*
- Advising on the PRA and FCA’s supervisory expectations for international firms operating in the UK on a branch basis and the adaptations necessary to business models, deposit and treasury operations and client protections in order to meet UK regulatory expectations.*
- Advising on the enhancement of internal controls and processes necessary for compliance with the FCA Consumer Duty.*
* Denotes experience from previous firm
- King’s College London, LL.M, Merit, 2003
- The University of Nottingham, LLB, 2:1, 2000
- “Going green: global finance and the UK green taxonomy” (2022) Journal of International Banking and Financial Law (77)