Global menu

Our global pages

Close

People search

Filter by:
 
Michael Wood, Associate

Michael Wood

Associate

Languages

English

Practice areas

  • Corporate

Practice notes

Michael is an Associate in the Consumer Finance team within our Company Commercial practice group, having qualified into the team in April 2016.

Michael assists all members of the team, who between them, cover mortgage law and regulation, the consumer credit regime, and savings/deposit products. Clients are primarily financial services institutions ranging from established entities to emerging lenders, but also include businesses where lending is not their main function. As part of this, Michael’s role includes:

  • reviewing and drafting regulated consumer credit and consumer hire products for compliance with the requirements of the consumer credit regime, including the FCA Handbook as applicable;
  • advising on financial promotions and associated compliance issues;
  • advising on authorisation for conducting regulated activities with consumers based on different types of product;
  • advising on the regulated mortgage lending regime; and
  • advising on the legal requirements and regulatory considerations which should be taken into account when formulating the scope of remediation projects or during due diligence on transactions.

Michael has also been on secondment at Barclays Bank for all of 2017, specifically within in the mortgages legal team.  His role there was primarily to support the team by dealing with all queries from the front line business which relate to mortgages, ranging from advising on legal issues around a property which the Bank is looking to lend on, to enforcement of the mortgage.  He also managed a number of projects, such as researching and advising on emerging issues for the bank in the conveyancing process which may create legal risk in order to formulate/amend lending policy as appropriate, drafting changes to regulated lending documentation, and creating bespoke training for Bank employees on regulated lending.  All of these tasks have involved communicating with a range of stakeholders from around the business such as credit, risk, government relations, as well as heads of different customer segments.   

Michael is also a co-chair of Eversheds Sutherland's LGBT+ employee and supporters network, Perspective.

Print Friendly and PDF

© Eversheds Sutherland 2022. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.