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Portrait ofSteven Cochrane

Steven Cochrane

Partner

Contact
CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom
Languages English

Steven is strategic employment law advisor, working closely with clients across a number of sectors including financial services, life sciences, technology and manufacturing. Steven has developed a particular focus on supporting financial institutions with their strategic people issues including navigating sensitive grievances and conduct related matters; defending high stakes litigation; the legal, commercial and PR aspects of major staff transfers and reduction in force exercises and supporting board executives and HR with the people aspects of both internal and regulatory investigations and inquiries.

Having spent time working in-house with major financial institutions, Steven understands the need to dovetail employment law compliance and HR best practice with the fast-evolving regulatory landscape. He also understands industry nuance and can bespoke his advice to different clients depending on where they fall on the regulatory spectrum. Most importantly Steven brings pragmatism, creativity and a healthy sense of humour to the table when working with clients on business-critical matters.

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Memberships & Roles

  • Employment Lawyers Association
  • International Bar Association
  • Black Solicitors Network
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Education

  • 2003 - Post Graduate Diploma in Legal Practice, Glasgow Graduate School of Law, Glasgow
  • 2002 - LLB (Honours), University of Strathclyde, Glasgow
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Feed

03/11/2023
Removal of the Bankers’ Bonus Cap
Following receipt of responses to their joint consultation paper issued last December (PRA CP15/22 and FCA CP22/28), the PRA and the FCA have now published a policy statement (PS9/23) confirming that...
29/09/2023
Regulators consult on measures to improve diversity and inclusion and promote...
After much talk and the promise of action, on 25 September 2023, the Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”) (together the “Reg­u­lat­ors”) each published...
16/08/2023
Whistleblower protection and reporting channels in the United Kingdom
1. Is there a law on whistleblowing in your country? Yes. In the UK the Public Interest Disclosure Act 1998 (“PIDA”) protects workers who “blow the whistle” in certain situations. Where a worker...
Comparable
15/12/2022
FCA - Understanding approaches to D&I in financial services
The FCA conducted its review via 12 regulated firms – 8 with large gender pay gaps and 4 with relatively small pay gaps. The average pay gap for the financial services market is 26.6%, which is far...
14/12/2022
FCA - Understanding approaches to D&I in financial services
Ensuring the D&I reality lives up to the rhetoric The FCA has published the findings from its review of how financial services firms are approaching diversity and inclusion (D&I) strategies. The review...
30/11/2022
Executive Remuneration
01/11/2022
Employment Risk and Investigations Team
The employment team are experts at managing and carrying out investigations. We support clients by advising on the internal management of investigations, and conducting investigations ourselves as an independent third party. 
21/09/2022
Bonus Cap to be Scrapped?
Rationale Details are scarce, but it has been reported that the move is designed to boost the UK’s global competitiveness, making it a more attractive destination for top global talent. The reports...
20/09/2022
Bonus Cap to be Scrapped?
According to press reports last week, the Chancellor, Kwasi Kwarteng, is considering scrapping the cap on variable remuneration that applies to dual-regulated firms’ material risk takers. The cap was...
20/08/2021
Financial Services: New MIFIDPRU Remuneration Code
The FCA has now published its near final rules for the single remuneration code for MIFID investment firms. The new code will replace the existing BIPRU and IFPRU Remuneration Codes and will be known...
25/05/2021
Managing investigations: planning pressures and pitfalls video series
With more internal reporting of concerns within businesses thanks to improved training and controls, and with complex regulatory, criminal and HR investigations becoming more commonplace, corporates need...
20/05/2021
Watch On-Demand - Managing Investigations Video Series: The Regulated Financial...
Our latest video in the Managing Investigations: Planning, Pressures and Pitfalls series is now available to watch on-demand on cms.law. This video explores some of the key considerations for internal...