“One interviewee describes the set as ‘the chambers for financial services disputes, much in demand by clients due to its barristers’ specialised knowledge in this area.’” – Chambers & Partners
Gough Square Chambers advises financial institutions, payment firms, and public bodies on the law governing payment services, including the operation of electronic money and digital payment products. Members of Chambers are instructed on issues arising under the Payment Services Regulations 2017 and related financial services legislation, including matters concerning the authorisation and supervision of payment institutions.
Members regularly advise on the regulatory obligations of firms providing payment services, including compliance, customer rights in relation to unauthorised transactions, and the structuring and operation of payment products and services. Chambers’ work includes advisory and contentious matters involving payment firms, fintech businesses, and financial institutions.