Deloitte Legal bolsters financial services team with new partner appointment

Deloitte Legal today announces the appointment of Clare Jenkinson to its financial services team, with a focus on financial services regulation and regulatory technology (RegTech) law.

Clare joins from HSBC where she specialised in wholesale financial services regulation, regulatory change and, more recently, digital assets and services. She brings with her over 15 years of banking and financial services legal expertise, having also previously held roles with both Freshfields Bruckhaus Deringer, and Travers Smith.

Jake Ghanty, partner and head of financial regulation at Deloitte Legal, said: “Financial institutions are facing change from all angles. The digitisation of the market, from financial products and services to fundamental infrastructure, coupled with an increasingly complex regulatory regime, creates an ever-changing environment in which these businesses need to develop, while remaining compliant today and for the future.

“More than ever, clients need lawyers who not only advise on regulation, but also understand, use and offer regulatory technology to apply forward-looking, strategic advice to their business plans. Clare brings with her extensive law firm and in-house experience and a deep knowledge of digital developments, ensuring Deloitte Legal is well-placed to deliver both regulatory consultancy and legal advice.”

Deloitte Legal’s team of specialist financial services lawyers work with clients across the industry, whether embracing cryptocurrencies or developing the latest in fintech. The team’s legal expertise also spans a range of issues including regulatory affairs, data protection, employment, and intellectual property.

Clare Jenkinson, Deloitte Legal partner, said: “As clients in the financial services industry face increasing pressures, I’m excited to be able to support them in regulation challenges. Deloitte Legal’s impressive technical legal expertise, combined with specialist legal technology offerings and cross-firm disciplines, make it uniquely placed for the management of regulatory issues. I look forward to developing legal RegTech solutions to address regulatory issues and using my in-house experience to provide insightful and commercial legal advice on wholesale regulatory matters alongside the wider Deloitte offering.”

Suchitra Nair, partner in Deloitte’s EMEA centre for regulatory strategy, said: “Financial services firms, from traditional banks to fintech start-ups, are all subject to an evolving set of regulatory requirements, which can vary in detail and timing across jurisdictions. Developing a strategic response to this evolving landscape can be complex, and ensuring compliance even more so. We are pleased to be able to assist clients in anticipating regulatory change and build a robust regulatory strategy alongside Deloitte Legal’s specialist legal advice.”

Today’s news follows the recent partner appointments of both Cavan Fabris and Peggy Pauwels. In the last two years, Deloitte Legal has more than doubled its UK lawyer headcount and tripled the number of partners.

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