The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Linklaters Business Services

Living Wage
Work 020 7456 2000
Fax 020 7456 2222
Abu Dhabi, Amsterdam, Antwerp, Bangkok, Beijing, Berlin and 25 more

Peter Bevan

Work 020 7456 3776
Linklaters Business Services

Work Department

Financial regulation


Peter is Global Head of Linklaters’ Financial Regulation Group and is one of the firm’s global Investment Managers sector leaders.

Peter has developed close working relationships with the firm’s banking and investment management clients. His practice includes all aspects of financial markets regulatory advice for broker-dealers and investment banks. Peter advises investment managers, private banks, hedge funds and private equity funds on regulatory issues affecting them. He also advises clients on regulatory investigations into areas such as market conduct, client money compliance and transaction reporting failures.

Peter has particular experience of new product development and marketing, trading issues such as market abuse and regulatory structuring advice.

Earlier in his career, Peter was seconded to both Bankers Trust and Nomura, advising and assisting with the establishment of their respective securities financing businesses.

Work highlights:

Peter has developed a wide-ranging financial regulatory practice. The breadth of his practice includes, advising on, amongst others:

  • Regulatory change: advising numerous banks and investment firms on the implementation of the Markets in Financial Instruments Directive (MIFID2) and other regulatory reform initiatives
  • New structures: advising on the creation and structuring of trading and clearing platforms, both internal crossing systems operated by firms and new market entrants including Turquoise (an equities trading platform created by nine major investment banks) and ForexClear, an FX clearing platform operated by LCH.Clearnet (acting for a consortium of clearing banks)
  • Cross-border work: advising international banks on their European structures, to comply with regularly changing European regulations affecting financial institutions, including Brexit
  • Contentious regulatory: advising clients on both LIBOR and FX manipulation investigations, and before that leading the team advising Citi in the first multi-jurisdictional manipulation case, involving Euro sovereign bond trading, which involved negotiating with eight different regulators
  • Financial sector corporate activity: advising RBS on its ongoing structural reorganisation that has involved sales of businesses, including Worldpay, and the ring-fencing of its investment and retail banking operations 


Linklaters 1994 to date, partner 2003 to date. Secondment to Bankers Trust International and Nomura International.


Regulatory committee of the City of London Law Society (CLLS)


Oxford University (MA Law); College of Law, York (LPC Distinction).

London: Corporate and commercial

Financial services

Within: Leading individuals

Peter Bevan - Linklaters LLP

Within: Financial services

'One of the top few leading practices', Linklaters LLP provides 'strong strategic advice' to investment banks, investment managers and infrastructure providers across the spectrum of contentious and non-contentious matters. On the non-contentious front, the firm advises on discrete regulatory issues as well as large-scale regulatory projects relating to Brexit, ring-fencing and regulatory capital. The team continues to handle numerous mandates relating to MiFID II and led by the 'excellent' Harry Eddis has been representing Nomura International plc on the implementation of the directive. Alongside Nikunj Kiri, Michael Kent and Martyn Hopper, Eddis has  also been central to the 12 leading investment and retail banks on their implementation of the Senior Managers and Certification Regime. The 'super bright' Peter Bevan has broad-ranging financial services regulatory expertise and often puts this knowledge to good effect on behalf of entities seeking to develop new financial products. The 'very technical and knowledgeable' Sebastian Barling  provides standalone regulatory advice as well as advising on the regulatory overlay in relation to financial services M&A. On the contentious front, in addition to the presence of pre-eminent practitioners including Hopper, Kent, Kiri and 'clever and dynamic' solicitor advocate Andrew Hughes , the team also benefits from numerous more junior practitioners who are developing a strong reputation, including the 'very articulate and detail oriented' Alison Wilson, who excels at handling FCA enforcement actions on behalf of retail banks and 'user-friendly and very bright' managing associate Ben Packer, who handles contentious financial services as a function of his broader dispute resolution offering. Sarah Parkhouse retired and Carl Fernandes joined Latham & Watkins.

[back to top]

London: Risk advisory


Within: Brexit

Linklaters LLP operates across practice areas and jurisdictions to assist clients with navigating Brexit-related challenges and opportunities. In the financial services sector, the firm's depth and breadth of expertise puts it on a strong footing to advise a wide range of financial institutions on the impact of Brexit on corporate structures, reorganisation/restructuring options, financial regulatory issues (such as passporting and equivalence), jurisdiction analysis (for relocation/setting up) and employee-related issues, among others. Michael Kent, Peter Bevan and Harry Eddis are among the practitioners to note in this space. The firm also engages extensively with UK and EU trade bodies, as well as regulators; Deepak Sitlani and Mark Brown have spoken on a number of occasions at ISDA conferences. Aside from financial services, the firm advises clients from various other industries on the implications of Brexit, including retail, energy and automotive. Christopher Bellamy QC and Lucy Fergusson jointly lead the group, which also includes Nicole Kar, Charlotte Morgan and Matthew Weiniger QC.

[back to top]

Back to index

Legal Developments in London

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to