“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 has extensive experience of cases involving the Financial Conduct Authority’s authorisation, supervisory, and enforcement functions. Members act for firms, individuals, and the FCA.
In non-contentious settings, members advise firms seeking authorisation or variation of permission under the Financial Services and Markets Act 2000, including issues relating to threshold conditions, business model assessments, and regulatory permissions.
In contentious settings, Chambers has significant experience of FCA enforcement proceedings, including cases involving alleged breaches of the Principles for Businesses, conduct of business rules, and consumer credit requirements. Members also appear in contested proceedings before the FCA’s Regulatory Decisions Committee and the Upper Tribunal.