Paul founded Osborne Clarke's Financial Institutions Group in 2005, leads their International Payments practice and is well known for his market-leading expertise in Payments and FinTech.
Paul has over 25 years’ experience as a lawyer in the Financial Services sector.
Paul guides clients through new product development and launch, regulatory change, international surveys and transformational projects, both within the UK, Europe and globally. He works with international and UK domestic clients from across the whole Payments ecosystem, from wholesale banks and infrastructure service providers to new non-bank market entrants, including account aggregators and marketplaces, electronic money and payment institutions and digital currency participants.
Paul is well versed in the complexities of the Payments industry's network arrangements, and a deep knowledge of legal and regulatory developments affecting the Payments industry. He regularly speaks at leading industry conferences.
Notion Capital
Advised on the establishment of new Capital for Enterprise fund Notion Capital Fund 2.
Citi
Advised on the impact and implications of the PSD on the business, systems/processes and documentation of Citi's Global Transaction Services division, Consumer Bank, International Personal Bank and Private Bank
Notion Capital
Advised on the establishment of new Capital for Enterprise fund Notion Capital Fund 2. The Fund will target stakes in Cloud Computing and Software-as-a-Service (SaaS) companies in the UK and Europe.
Citibank
Advised in connection with a number of outsourcing transactions including with FundAssist in respect of a platform to create and distribute investor information documents
Canter Equity Partners
Advised on the creation of Canter Equity Partners LLP via the spin out of a number of experienced executives from the London based European office of Fidelity Equity Partners (FEP)
Funding Circle
Advised Funding Circle since its formation on the regulatory issues surrounding them as a peer-to-peer lending provider
Everything Everywhere
Advised on the UK's first commercial mobile contactless payment service brought to market under a partnering arrangement (awarded TMT team of the Year 2012 by The Lawyer)
Insights
Does the EU Platform for Business Regulation apply to financial services platforms?
The EU Platform for Business Regulation, in force from 12 July 2020, will impose rules on how search engines and...
FCA adapts its approach to SCA requirements
While reiterating the importance of strong customer authentication in tackling a rising risk of fraud, the FCA is taking a...
5MLD | New rules expand scope of anti-money laundering regulatory regime
Measures are limited but potentially significant, including bringing cryptoassets within the scope of regulation and broadening enhanced due diligence to...
FinTech Update | October 2019
EU and UK regulators have been particularly active in the FinTech space in recent months, undertaking a number of surveys...