As trusted advisors to global custodians, prime brokers, institutional and hedge fund investors, securities depositories, and other market infrastructure, we advise on regulatory, transactional and enforcement issues relating to the safe custody of assets. Our services include the following practice concentrations:

  • Regulatory compliance programs under multi-jurisdictional banking and securities regulatory regimes (e.g., US Investment Company Act/Dodd-Frank, EU AIFMD/UCITS, UK Cass Rules, and AU RG 133);
  • Legal support for rule-making efforts of the above-mentioned financial market participants and their respective financial industry associations in on-going regulatory reform of the banking, securities, and tax regulatory regimes throughout the world;
  • Transactional assistance in the drafting and registration of documentation for custodial services, securities trading and lending, and other financial services provided by and for financial institutions, investors, and other market participants; and
  • Compliance enforcement assistance related to asset custody, prime brokerage and related financial services, including interpretive and exemptive relief from regulatory agencies and enforcement investigations in contexts involving work-outs and broker-dealer liquidations under SIPA (the US Securities Investor Protection Act).