Morrison Foerster Strengthens Financial Services and FinTech Capabilities in London with the Joining of Bank of England Senior Advisor and Manager Sam Riley

Morrison Foerster Strengthens Financial Services and FinTech Capabilities in London with the Joining of Bank of England Senior Advisor and Manager Sam Riley

Morrison Foerstera number one international regulation agency is happy to announce its arrival Sam RileyBecoming a member of the Operations Division as a companion, enhancing the agency’s monetary providers and FinTech providing in London. Riley brings a complicated, cross-app and multi-judgement expertise throughout monetary providers, banking, digital funds and securities laws, with a selected concentrate on digital property (together with stablecoins/crypto) and rising expertise.

Riley has a broad regulatory and transactional apply constructed round monetary regulation, FinTech, digital innovation, rising expertise in monetary providers, and derivatives. He most lately joined Morrison Foerster of the Financial institution of England, the place he suggested Sir Jon Cunliffe in his function as Chairman of the Committee on Funds and Market Infrastructures (CPMI) and co-chairman of the CPMI-Worldwide Group of Securities Commissions (IOSCO). Related worldwide involvement, together with the Monetary Stability Board (FSB) and the G20.

Riley’s most up-to-date function has included growing and coordinating worldwide coverage and technique concerning monetary market infrastructure (together with clearing, funds and settlements) and coverage and regulatory improvement concerning improvements in monetary providers equivalent to digital property (together with stablecoins and different digital currencies). . ). He additionally took half in worldwide research on the G20 cross-border funds roadmap. Whereas on the Financial institution of England, Riley additionally labored on the impression and response of Britain’s withdrawal from the EU.

“Sam will likely be a terrific asset to our shoppers who’re consistently innovating within the expertise and monetary providers industries, seeking to launch new merchandise, and grappling with the ever-evolving FinTech, cryptocurrency and digital asset markets and the regulatory surroundings surrounding them.” I mentioned paul friedman, Managing Companion for Europe of Morrison Foerster. “The mix of his authorized expertise and his most up-to-date function on the Financial institution of England the place he interacts extensively with senior UK and international coverage makers and regulators will likely be invaluable to our shoppers, significantly in cross-border issues.”

“We work with among the largest and most modern fintech firms on the earth. Sam was within the midst of growing a regulatory response to rising monetary applied sciences on the Financial institution of England. “It’s uniquely positioned to advise our shoppers and can play a key function in our main international FinTech providing.” Andrew BoydCo-Managing Companion of Morrison Foerster’s London workplace.

Riley’s arrival additionally underscores the continued progress of Morrison Foerster’s London workplace and the enlargement of key practices. following intently addition of a four-person IP team Led by companion Steven James in London in December 2022. In March 2022, the agency’s London workplace additionally welcomed Marie-Claire Strawbridge as a companion to broaden international Competitors/Antitrust and UK Nationwide Safety capabilities. Riley can also be the most recent addition to the agency’s international monetary providers and FinTech capabilities, following its launch in 2021. Maria Earley in Washington, DC and Jeff Silberman in New York.

“I used to be attracted by Morrison Foerster’s repute as an trade chief within the expertise, FinTech, and monetary providers sectors, which makes him well-suited to my expertise. “The regulatory panorama is consistently impacting the monetary providers trade, from cryptocurrency to cross-border funds and derivatives to digital innovation. I sit up for leveraging my public sector and personal apply expertise to assist the agency’s shoppers navigate this ever-evolving surroundings and anticipate the challenges they’ll face as they attempt to innovate. As I proceed to broaden the agency’s choices throughout monetary providers and FinTech, I sit up for becoming a member of the agency’s dynamic London workplace and each I’m excited to work intently with my new colleagues on the numerous operational and regulatory functions in London and globally.”

Riley earned her BA in English from the College of Birmingham and LPC Regulation Faculty. She is taken into account to work in England and Wales. Riley beforehand labored for a world regulation agency, the place he suggested a wide range of shoppers on banking, securitization, derivatives, regulatory and structured finance mandates for greater than eight years. He then moved into an in-house function as Common Counsel on the Worldwide Swaps and Derivatives Affiliation, the place he chaired a number of high-profile trade working teams and developed a lot of profitable regulatory enforcement initiatives, earlier than taking up a senior administration and advisory function. on the Financial institution of England. In 2020–2021, Riley was featured on the International Banking Regulation Overview’s “45 underneath 45” listing, which celebrates the following era of main banking regulatory specialists from around the globe.

About Morrison Foerster

Morrison Foerster is a number one international regulation agency that turns complexity to benefit for its shoppers. Our shoppers embody the most important monetary establishments, banks, consulting and accounting corporations, and Fortune 100, expertise and life sciences firms. Highlighting the agency’s dedication to consumer providers, management in market-changing offers and impression litigation, and values-based tradition, Morrison Foerster was acknowledged as one of many prime 10 corporations on The American Lawyer’s 2021 and 2022 A-Record. The corporate receives substantial recognition every year from the Chambers and The Authorized 500 in its numerous directories, together with International, USA, Asia Pacific, Europe, UK and Latin America. Final win by Morrison Foerster four application area rankings and two individual recognition Within the 2023 version of the Chambers FinTech Information. Our legal professionals are captivated with making certain authorized excellence whereas residing our values. Morrison Foerster has a longstanding dedication to making a tradition that respects and celebrates range whereas offering an inclusive surroundings. The agency has achieved Mansfield Plus Certification since 2018 because of efficiently attaining no less than 30 p.c feminine, non-white group and LGBTQ+ legal professional illustration in a big variety of present management roles and committees. The agency additionally has a protracted historical past of dedication to society and society by offering free authorized providers, together with litigation for civil rights and civil liberties, enhancing public schooling and selling the welfare of kids, advocating for veterans, selling worldwide human rights, imposing. the proper to asylum and environmental safety.

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