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Global Reach

Apart from offering expert legal consultancy for local jurisdictions, CMS partners up with you to effectively navigate the complexities of global business and legal environments.

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Rob has been a partner in the firm’s financial services and products team since January 2023. He has over 15 years’ experience working on regulatory matters relating to banks (wholesale and retail), investment banks, insurers, asset managers and working with insurance and consumer credit brokers (including in the motor industry). Rob spent nearly ten years working as a lawyer in the PRA and its predecessor Regulators. Prior to joining the PRA, he led the legal team that set up the FCA and the PRA, playing a key role in creating the UK’s regulatory architecture, and working with executives from the FCA and the PRA to determine the overall approach to exercising the Regulators’ functions. He joined the PRA in 2013 as its first Head of Enforcement and was a member of its Supervision Risk and Policy Committee.  

Rob helps clients across the industry respond to significant issues arising in their businesses, including conducting internal investigations and reviews, managing relationships with regulators and representing firms and individuals dealing with regulatory investigations. He is routinely called upon to advise clients on the extent to which their governance and compliance arrangements reflect regulatory expectations and industry best practice.

Relevant experience

  • Reviews and internal investigations – carried out a compliance review for an international investment bank; carried out a Board Effectiveness Review for an insurer; carrying out compliance reviews for two nationwide chains of motor dealerships; conducted a whistleblowing investigation into the Compliance function of a global financial institution; conducted an internal investigation into accounting issues at an AIM-listed client, working closely with the Company’s Audit Committee Chair and liaising with the Company’s auditors.  
  • Regulatory relations, intervention and remediation – advised the Board of a bank subject to regulatory intervention by the PRA on strategic regulatory and governance issues; appointed as a member of an internal governance committee overseeing the implementation of a significant remediation programme by a UK-based insurer following receipt of a Skilled Person report; provided strategic advice to the Board of a major consumer credit lender subject to FCA intervention; advised an insurer on regulatory reporting requirements following a significant cyber incident; provided strategic advice to an insurer subject to significant intervention by its regulator; advised a research provider wishing to expand its business to become an investment bank on the regulatory implications of its new business, including handling regulatory communications; advised a client on the strategic regulatory implications (including regulatory communications) of interest-rate setting on residential mortgages.
  • Senior Managers and Certification Regime – advised a bank on the regulatory implications of misconduct by a senior manager; advised a bank that was seeking to reorganise its management structure on SMCR implications and regulator handling; prepared senior executives of banks (CEO, COO and CRO) for FCA/PRA Senior Manager interviews; advised a firm on how to handle concerns raised by the FCA in respect of an applicant for a Senior Manager position.

Education

  • B.Sc (Hons) Law and French, University of Surrey
  • LL.M, King’s College, London
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