Michael Lewis is a Partner in the financial services team in London. He focuses on UK and EU financial services law and regulation.
Michael provides specialist advice to banks, investment managers, stock brokers, platforms and SIPP operators. He has particular experience of advising clients on perimeter issues, regulatory capital, client assets, the implementation of EU legislation (the Markets in Financial Instruments Directive and the Capital Requirements Directive) and the regulatory aspects of acquisitions and disposals in the financial sector.
Michael was seconded to HM Treasury as a policy adviser to Ministers on the Regulated Activities Order and other statutory instruments under the Financial Services and Markets Act. He has also been involved in a number of sector committees commenting on draft EU Directives in the financial services sector.
Insights
Financial Services
UK government publishes consultation on future financial services regulation of cryptoassets
Consultation paper sets out preliminary thinking of FCA and Treasury
09/02/2023
Regulatory Outlook
Fintech, digital assets, payments and consumer credit | UK Regulatory Outlook January 2023
Edinburgh reforms | Extending confirmation of payee service to additional payment service providers | Measures to combat authorised push payment...
27/01/2023
Blockchain
Tokenisation of real estate: the way forward
What is needed to bring tokenisation mainstream? The final article in this series offers a route map for implementation
05/12/2022
Regulatory Outlook
Fintech, digital assets, payments and consumer credit | UK Regulatory Outlook November 2022
Market review into card acquiring services | Card fees: PSR publishes final terms of reference for two market reviews |...
30/11/2022
Digitalisation
UK regulators ask how AI and Big Tech can transform financial services
Is reform needed following Big Tech's entry into financial services and the introduction of AI and machine learning?
25/11/2022
Regulatory and compliance
UK cryptoasset regulation: coming sooner rather than later?
Last minute Treasury amendment to Financial Services Bill may bring all cryptoassets inside the regulatory perimeter
11/11/2022
Financial Services
New data and reporting rules as the FCA revamps the appointed representative regime
What steps do principals need to take to get up to speed with the new UK procedural requirements?
30/08/2022
Financial Services
FCA improves its appointed representative regime amid UK consumer-harm concerns
The changes will specify more precisely a principal's responsibility for and oversight of ARs and what this means in practice
23/08/2022
Financial Services
UK financial watchdog's perimeter report calls for legislative change to protect consumers
Investment fund managers will need to keep an eye on a range of changes envisaged in this year's report, including...
01/12/2021
Financial Services
Igniting an investment 'big bang': can DC schemes invest in illiquid assets?
As the government challenges all institutional investors to invest more in long-term UK assets, we look at the work being...
13/08/2021
