Major projects for UK banks and card issuers on the implementation of the Payment Services Directive and the Consumer Credit Directive.
With over 30 years experience, Emily has built a reputation for delivering innovative ideas and solutions to Fintech companies and other established players. She has extensive experience in law, regulation, payment schemes and other infrastructure that apply to the fast moving payments, consumer finance, merchant acquiring and banking industries. Emily is working increasingly on projects where technology is disrupting the traditional relationships between banks and their customers, increasing competition and creating new products (e.g. robo-advice) and where the blockchain will drive further change, not just to crypto-currencies.
Emily’s fundamental objective is to help build and maintain value for clients by ensuring that businesses comply with all relevant laws and regulations. But innovation is a feature of these industries and Emily is particularly recognized for her ability to think around corners. She uses her industry and legal knowledge to support the launch of new products and new businesses, to analyse how the regulatory framework applies to innovative products and to advise on how to approach regulators and legislators to get the best outcome for clients. She takes the same approach when supporting clients on their day to day business needs, looking for solutions that combine integrity and simplicity.
Emily has worked on regulatory change and remediation projects for her entire career, including the implementation of consumer credit legislation (including successive reforms and the transfer to the FCA), the Payment Services Directive and the Consumer Rights Act. She is ranked in band 1 for payments and consumer finance (for which she is. a Chambers & Partners 'Star Individual'). 'She is highly respected by peers and clients, who note that she is often the lawyer of choice for big-ticket transactions.' Chambers UK, 2016
one of the foremost practitioners on payments law', with peers praising her knowledge and 'commercial approach.'
She is recognised as 'one of the go-to people in the industry.'
Advising on integration and other projects following various post credit crunch bank reorganisations and on intra-group transfers under Part VII FSMA.
Launch of Fintech companies, including Zopa, the world's first P2P lender .
Buying and selling debt portfolios (including advising on securitisations).
Conducting regulatory reviews and remediation projects for UK banks and lenders, and working with commercial and retail bank litigation team on bank charges litigation.