Having started his career in the inhouse legal team of the UK financial services regulator, Paul has a deep understanding of the UK financial services regulatory regime. He supports clients from the largest international banking groups all the way through to startups in the payments, electronic money, cryptoassets and fintech space.
Paul advises on new product launches, regulatory change implementation projects internal governance and control arrangements, regulatory perimeter issues, financial crime issues, partnership arrangements, customer-facing terms, and international expansion programmes.
Paul is vastly experienced in regulatory transactions, supporting on authorisation and variation of permission applications, as well as all interactions with UK regulatory authorities. Paul has also led on the regulatory side of M&A transactions involving some of the largest payments international businesses.
Paul has over 20 years’ experience of advising clients on the full spectrum of financial services matters, and uses his experience to provide practical advice to clients.
Paul has supported clients on a wide range of matters throughout his career. Some of his more significant matters include:
- supporting a well-known fintech on its journey from being an e-money issuer to an authorised banking institution in the UK
- supporting a well known online payments global business on a significant regulatory change implementation project across multiple jurisdictions
- leading on the regulatory aspects of the UK IPO of a global payment services business, ensuring all necessary approvals were obtained in over 100 jurisdictions
- successfully guiding multiple payments and e-money businesses through the UK authorisation process
- supporting an international banking group on the launch of new e-money and open banking products in the UK
- successfully guiding a money remittance firm to keep outside of the regulatory perimeter for cryptoassets
- ranked ‘Up and Coming’ by Chambers and Partners for UK Payment Services in 2025 and 2026
- ranked Band 3 as a recognised individual by Chambers and Partners for UK Payment Services in 2027
- graduate Diploma in Law, BPP Law School, 2005
- admitted as a solicitor in England and Wales, 2008