Charles Elliott

Charles helps clients launch new products, establish new operations, carry out compliance audits of their existing business and engage with regulators and customers.  Clients in the FinTech industry have recently turned to Charles for advice on the implications of regulatory requirements for their business.  He advises on all aspects of financial regulation, from product design and implementation of new legislation to portfolio transfers.

Charles has recently been involved in the launch of the UK's first new private bank in thirty years, drafting the customer facing current account and regulated lending terms for the bank. Equally well versed in transactional work, he has also advised on the acquisition of several portfolios of regulated loans and the acquisition of a significant global e-money business.  

His secondments to the compliance team of a major UK corporate bank and the UK consumer legal department of a major insurer have given him valuable in-house experience and means he understands the regulatory pressures financial services clients face.

Charles advises on issues arising under sector-specific regulation including the Consumer Credit Act, the Payment Services Regulation, BCOBS, CONC and MCOB as well as the impact of unfair terms, consumer rights, data protection and AML on the financial services sector.