Andrew Henderson Partner
Andrew advises financial institutions and financial technology firms on financial services regulation and risk management.
With over 20 years’ experience, his core practice involves advice on: perimeter issues, authorisation, outsourcing and delegation, including issues arising from Brexit; governance, senior manager accountability and bank regulatory capital, especially for overseas headquartered entities; distribution and product governance, particularly funds under the AIFMD, retail funds and insurance products; conduct risk issues, including those in connection with conflicts of interest, inducements and fiduciary duties; the trading and reporting of financial instruments, and market abuse; client money and client assets, especially for fund managers and depositaries; and regulatory change projects, most recently the Senior Managers and Certification Regime and MiFID II.
Andrew works closely with colleagues in: M&A and capital markets on financial services transactions, including advice on private fund investment in regulated firms and associated prudential issues; dispute resolution and investigations on regulatory processes, having twice acted as an FCA “skilled person”; and commercial and IP on fintech and digital financial services, especially the use blockchain technology and the regulatory classification and safekeeping of cryptoassets.
He has contributed to numerous academic and practitioner texts since 2000, including most recently Gore-Browne on EU Company Law (Lexis: 2020) and Financial Services Law (4th ed) (OUP: 2018) and was formerly a Cambridge University college law lecturer. Andrew chaired the committee of legal experts that contributed to the Dormant Assets Scheme: A Blueprint for Expansion Report (2019).