Expert advisers to financial institutions and other businesses on Irish financial regulatory and compliance issues
Overview
McCann FitzGerald advises clients on the myriad of complex regulatory and compliance issues that arise in the area of financial services including interaction with the Financial Regulator up to and including the administrative sanctions process, regulatory capital treatment of structured products and debt instruments, provision of retail and wholesale financial services over the internet, insider dealing and market abuse issues, consumer credit matters and anti-money laundering issues.
Expertise
Our clients include retail and wholesale banks, insurers and reinsurers, fund managers, investment funds, brokers and other intermediaries, pension funds, clearing firms and custodians. We have advised many international banks and other financial institutions on establishing operations including branches and regulated subsidiaries in Ireland.
Matters we advise on include:
- Regulatory rules and their application in mergers and acquisitions
- Structuring of new and innovative products
- Establishment of financial services businesses
- Regulatory capital including Basel-related developments
- Distribution and outsourcing arrangements
- Regulatory investigations and disciplinary proceedings
- Regulated asset management activities
- Issues arising out of the anti-money laundering regime
Directory Comments
Heavily admired by competitors, McCann FitzGerald warrants a tier of its own according to some: "In my mind McCann's are ahead of the rest in terms of the banking space. In terms of quality of the work they do. They've got an awful lot of good people on a lot of good deals,"… "specialisations across the board", International Financial Law Review, 2012
"Banking and finance is a key practice area ... it boasts a large team capable of tackling a variety of matters. Its prowess in corporate banking is widely recognised in the market. It has remained busy in the aviation finance area, acting for domestic and international banks as well as aircraft lessors. "An excellent practice - extremely client-focused and attentive to detail". "Regulated financial services partner Ambrose Loughlin is another key member of the insurance group. Clients report that he has 'a formidable depth of experience and doesn't get fazed by anything'". Chambers, 2011
"Superb financing department, very strong in domestic and international work... always very helpful, give concise advice and very commercially aware". No question, they have a first rate operation, I think they are excellent frankly". International Financial Law Review, 2009 and 2011