"The very professional and personable Grania Baird provides a highly technical and practical service to a range of asset managers and private banks"
"Grania Baird is open, approachable and effective, sources claim, adding that she provides practical and sensible solutions to complicated technical issues"
Head of the financial services practice at Farrer & Co.
Grania has extensive experience of advising private banks, asset managers and other regulated firms on the impact on their business of financial services law and regulation. She also has a reputation for acting as a trusted advisor to clients throughout the lifecycle of their business from the establishment of new businesses (and advising on the scope of authorisation needed) to advising on the structuring and establishment of financial products through to advising on the sales of financial businesses and the winding down of financial products.
She has a particular focus on the private banking and wealth management sector having acted for clients in this sector for 20 years and having advised clients through the many changes that have occurred in the regulatory landscape in that timeframe. Her practice covers advising firms on how to comply with new law and regulation, including for example on the impact of the forthcoming changes as a result of the Markets in Financial Instruments Directive II (MiFID II), Payment Services Directive (PSD), the Mortgage Credit Directive (MCD), the Senior Managers & Certification Regime (SMCR) and the Retail Distribution Review (RDR). She also regularly advises on the contractual documentation for various types of banking and investment products and services, including terms of business and bespoke contractual documentation as well as advising on general compliance and regulatory queries.
In relation to investment funds, Grania has a particular focus on FCA regulated funds. She regularly acts for clients on the establishment of NURS and UCITS funds. Grania also acts for one of the few UK qualifying money market funds (QMMF) and recently acted on the establishment of an authorised contractual scheme (ACS) established as a co-ownership scheme. Her practice includes acting for many charity investment vehicles and she was a member of the cross sector working party in relation to the new Charity Authorised Investment Fund (CAIF) vehicle.
Grania frequently speaks at seminars and events on forthcoming changes to financial services law and regulation.
Who we help
Grania acts for clients in the financial services industry, with particular focus on the asset management sector. Grania's work covers regulatory and legal advice on a wide range of issues affecting firms in the financial services sector. She also advises on client facing documentation for investment products as well as specialist lending products. Her work includes advising on the structuring and set up of investment funds. Go to Financial institutions