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Christopher Jessup

Partner
Financial Regulation
About

Christopher Jessup is a Financial Services Regulatory Partner in the Litigation and Regulatory practice in Ireland.

Christopher advises a full range of clients including banks, insurers, payment service providers, investment firms, fund managers, intermediaries and FinTechs on UK and EU financial services regulation.

His particular expertise is in advising banks, insurers, investment managers, brokers/dealers, and FinTech firms on UK and EU financial services regulation. He regularly assists clients on the establishment of regulated subsidiaries and branches. Christopher also advises clients on the regulatory implications of Brexit and their ability to continue providing services into the UK.

 
Professional QualificationsSolicitor regulated by the Law Society of Ireland

EXPERIENCE

Christopher’s experience includes advising international, UK and Ireland-based financial services sector clients on:

  • Preparing and submitting various notification forms to the FCA/PRA on behalf of UK regulated entities (including in relation to material outsourcing arrangements).
  • Advising a range of financial institutions in connection with the development and execution of "Brexit-related" contingency plans in the UK and EU, including exiting the UK's Temporary Permission Regime.
  • Advising FinTech clients on the development and roll out of novel products and services including those that leverage open banking and distributed ledger technology.
  • Advising on the regulatory requirements for critical outsourcing arrangements.
  • Advising credit institutions on the regulatory aspects of the structure and sale of mortgage and consumer credit loan portfolios.
  • Advising a range of financial institutions (including banks) regarding their obligations under MiFID II/MiFIR/EMIR/CRD IV/CRR/AIFMD/UCITS V/Solvency II/BMR etc., including advice relating to Brexit planning.
  • Advising Financial institutions in relation to LIBOR transition, including the development and execution of migration projects.
  • Advising payment institutions on all aspects of PSD2, SEPA, Cross Border Payments Regulations, Interchange Fee Regulations.
  • Advising an international payment system on the settlement finality regime.
  • Advising pre-regulatory issues including regulatory aspects of this acquisition of license (or authorisation).
  • Advising clients on perimeter issues including whether they require authorisation under FSMA or other legislation.
  • Advising regulated firms on compliance with their ongoing obligations under regulatory rules.
  • Providing advice to non-UK entities wishing to establish a presence and/or passport into the UK from another EEA member state.
  • Advising Prestige Insurance on all regulatory aspects of its acquisition of Insure NI/Autoline.
  • Advising on regulatory perimeter issues for insurers and intermediariesin respect of claims handling and related activies.
Languages
  • English

AWARDS AND RECOGNITION

  • Legal 500 Rising Star 2020-2021
  • Chambers & Partners Associate to Watch 2019-2020
 
Education
  • Trinity College Dublin, BA

Publications and media

  • Co-author: "The Impact Of Brexit On Financial Services Regulation" published by Thomson Reuters

Prior Experience

  • 2021 – 2025 Partner in Belfast office of top tier Irish law firm
  • 2009 – 2015 Solicitor in leading international London law firms
  • Secondments to the Bank of England and an international payment system
 

Additional Information

  • Chairperson of FinTech NI
  • Independent, non-executive director of UKFin+