Rachel leads the firm's Global Financial Institutions Sector, advising banks, insurers, asset managers and clearing houses and exchanges.
She has been recognized as a leading individual in her field by industry commentators and legal directories for nearly two decades. Her vast experience at the heart of the sector allows her to make instinctive judgements in tackling structural and regulatory issues.
Chambers UK's 2016 guide praises her "pretty encyclopaedic knowledge of financial services broadly," which she can call on in the context of commercial and corporate transactions as well as regulatory matters. This mix has given her valuable experience of the regulations applying to how institutions must be organised, how they sell their products and services, and how they contract with others.
Rachel is known for being tenacious in defending her clients' interests, attracting widespread admiration as a formidable negotiator. Clients have said "you feel confident you won't lose any battles unnecessarily" with her at your side (Chambers UK, 2015).
Areas of Focus
Advising the London Metal Exchange on the establishment of LME Clear.
Advising DTCC on the establishment of EuroCCP.
Advising a major financial institution on the re-organisation of its combined product terms on an International basis.
Advising various financial institutions on regulatory reviews, particularly S.166 Skilled Person reviews with a focus on systems and controls and governance.
Advising a major insurance group on its re-organisation of its internal and external asset management arrangements