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Portrait ofAngela Greenough

Angela Greenough

Partner

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

Angela is a partner in our Financial Services and Products team, specialising in regulated financial services outsourcing, complex commercial contracts and the operational aspects of financial services regulation.

For fifteen years, Angela has advised banks, asset managers, insurers and intermediaries on all aspects of financial services regulation. Angela is known for her combination of commercial expertise that is delivered through expansive knowledge of the regulatory environment in which financial institutions operate, their products and their customers.

Angela is often on the team supporting Corporate M&A transactions for our financial institutions clients, calling on her mix of regulatory knowhow and commercial approach to bring real value-add.

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"Angela has a great ability to analyse and contextualise market issues in a way that has real relevance and meaning for the organisation."

Client Feedback

"[Angela] is one of the few lawyers I have worked with who can genuinely distil legal, regulatory and commercial issues into straightforward and pragmatic advice that is actionable and not theoretical.”

Client Feedback

Relevant experience

Relevant experience prior to joining CMS

  • Allianz Global Investors on its outsourcing to State Street for global investor services in respect of EUR 450bn of AuM across EMEA, US and AsiaPac.
  • UBS on its long-term outsourcing of fund administration of its Luxembourg and Swiss funds with USD 413bn in AUM as part of the sale of the UBS fund administration business to Northern Trust.
  • A major UK insurer on its acquisition of a Workplace Pensions business including the transfer of individual and corporate insurance and investment products and the transfer of the Corporate Savings Platform as well as replicating operational arrangements for custody and external fund managers to support the platform and transitional outsourced services and distribution arrangements.
  • A combined insurance and wealth management business on its long-term outsourcing of their investment management function.
  • A global bank on a large-scale contract review to facilitate its Brexit strategy and to advise on its outsourcing agreements for compliance with EBA Outsourcing Guidelines.
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Education

  • 2003 - LPC, Nottingham Law School, Nottingham
  • 2002- MA, Law, University of Cambridge, Cambridge
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Feed

08/02/2024
Future of Finance: regulatory briefings series 2024
Join us as we launch our in-person breakfast seminar series across London and Edinburgh. In these seminars, our Financial Services team will be discussing the latest regulatory developments affecting...
21/12/2023
Critical Third Parties: The unstoppable march of the regulatory universe
Expansion of the regulatory perimeterThe Financial Services and Markets Act 2023 establishes a new Critical Third Parties regime which gave power to the FCA, PRA and Bank of England to make rules to govern...
21/12/2023
Critical Third Parties: The unstoppable march of the regulatory universe
Expansion of the regulatory perimeterThe Financial Services and Markets Act 2023 establishes a new Critical Third Parties regime which gave power to the FCA, PRA and Bank of England to make rules to govern...
07/11/2023
Financial services outsourcings and AI
With the AI summit last week in Bletchley Park where a world-first agreement has been made between the UK, EU, US and China on the opportunities and risks posed by AI, we thought it was a good time to...
07/11/2023
Financial services outsourcings and AI
With the AI summit last week in Bletchley Park where a world-first agreement has been made between the UK, EU, US and China on the opportunities and risks posed by AI, we thought it was a good time to...
21/06/2023
The Consumer Duty and outsourcing: remediation or not?
The Consumer Duty (“Duty”) applies to all regulated firms that have a material influence over, or determine, retail customer outcomes. As firms approach the key 31 July 2023 milestone for their im­ple­ment­a­tion...
20/06/2023
The Consumer Duty and outsourcing: remediation or not?
The Consumer Duty (“Duty”) applies to all regulated firms that have a material influence over, or determine, retail customer outcomes. As firms approach the key 31 July 2023 milestone for their im­ple­ment­a­tion...
01/06/2023
CMS strengthens Financial Services Regulatory Team with hire of Joy Davey
International law firm CMS is pleased to announce that Joy Davey has joined the Financial Services Regulatory Team as a partner.  She will work alongside Partners Ash Saluja, Angela Greenough and the...
11/11/2022
Technology Transformation – Financial Services
The Financial Services (FS) sector is a leader in protecting its tech infrastructure, reflecting the high degree of scrutiny from regulators. FS firms are at a tipping point, with large incumbents eying...
10/11/2022
People considerations in Financial Services Transactions
Watch On Demand Transactions, whether M&A, outsourcing or insourcing, are a core part of many of our clients’ businesses;  however, while the key commercial heads of terms are generally hammered out...
21/10/2022
Tokenised Funds Series: Paper 5 – Operational & Cyber Resilience Implications
This publication was first published by The IA in collaboration with CMS, in October 2022
21/10/2022
Tokenised Funds Series: Paper 5 – Operational & Cyber Resilience Implications
CMS has published a series of papers in collaboration with the IA. These papers explore the basics of tokenised funds, the regulatory considerations, and prospectus disclosures that may be necessary...