Grania acts for clients across the financial services sector, including private banks and wealth managers, asset and fund managers, payment services providers, electronic money institutions as well as other regulated businesses.
Grania has been involved in advising clients on the significant legal and regulatory changes impacting the sector in recent years. Recent examples include advising clients on the impact of the Markets in Financial Instruments Directive II (MiFID II), Payment Services Directive 2 (PSD 2), the Mortgage Credit Directive (MCD), and the Senior Managers & Certification Regime (SMCR) including its extension to FCA solo regulated firms.
Grania regularly advises clients on contractual and client-facing documentation for investment products and services, including terms of business and bespoke contractual documentation, as well as on general compliance and regulatory queries. She has advised many private banks on the regulatory environment for retail lending, including advice on documentation and procedures.
Grania has developed particular expertise in acting for fund managers who manage FCA authorised funds and regularly acts on the establishment of NURS and UCITS funds, on fund mergers and day to day enquiries, as well as cross-border issues. She has experience of advising on master feeder structures, money market funds, qualified investor schemes and authorised contractual schemes (ACSs). She acts for many charity investment vehicles and was a member of the cross-sector working party on the new Charity Authorised Investment Fund (CAIF) vehicle, and acts for a number of pooled investment vehicles established for not-for-profit and local government investors.
Grania also advises payment service providers and electronic money institutions on their requirements under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011 including providing advice on documentation and procedures.
Grania regularly speaks at industry seminars and events on changes and challenges to financial services law and regulation.