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Hogan Lovells International LLP

Living Wage
ATLANTIC HOUSE, HOLBORN VIADUCT, LONDON, EC1A 2FG, ENGLAND
Tel:
Work 020 7296 2000
Fax:
Fax 020 7296 2001
DX:
57 LONDON CHANCERY LANE WC2
Email:
Web:
www.hoganlovells.com

Elaine Penrose

Tel:
Work +44 20 7296 2000
Email:
Web:
www.hoganlovells.com/en/elaine-penrose
Hogan Lovells US LLP

Work Department

Litigation

Position

Recognised for having deep experience of acting for large corporations and financial institutions on a wide range of disputes, Elaine regularly acts for banks, fund managers and other financial institutions in contentious matters. She also has experience in sports and media disputes. Elaine has particular knowledge of contentious regulatory matters including internal investigations, representing financial institutions and their employees who are under investigation by regulators, and representing them in enforcement and disciplinary proceedings brought by the FCA, other regulatory, disciplinary and criminal authorities both in the UK and overseas.


London: Corporate and commercial

Financial services

Within: Financial services

Benefiting from 'real strength-in-depth' on the contentious side out of London, and from other key international financial centres including New York, Hong Kong and Paris, Hogan Lovells International LLP provides a 'top-notch' service to large global financial services entities on purely domestic, as well as multi-jurisdictional regulatory investigations and follow-on private litigation. 'Very experienced and sensible' team head Philip Parish has led on many of these multi-jurisdictional matters, including representing a large bank in relation to an investigation by UK and US regulators regarding alleged FX market manipulation. The 'very talented' Louise Lamb 'has excellent litigation instincts', both from a regulatory enforcement perspective and in relation to related civil and criminal litigation. Lamb's broad-ranging expertise includes sanctions work. Elaine Penrose also has strong credibility in the market having handled a wide range of internal and regulator-led investigations, from domestic market abuse and retail mis-selling to global benchmark manipulation cases. The arrival in January 2017 of Claire Lipworth from the FCA (where she served as chief criminal counsel) adds weight to the firm's criminal capability and underscores its acknowledgement and commitment to handling work at the intersection of criminal and civil liability. On the non-contentious front, team head Rachel Kent has an excellent reputation in the market and is picking up plaudits for her work in relation to Brexit-related advice where her work has included chairing the International Regulatory Strategy Group (IRSG) on its Brexit proposals and engagements. Kent is also noted for her work at the vanguard of developments in the fintech sector and continues to work alongside government backed organisation Innovate Finance on the Regulatory Accelerator tool for fintech companies designed to assist them understand and navigate their way through the FCA’s regulatory regime. Michael Thomas  is also recommended and regularly advises financial services entities on ensuring that systems and controls are in place to comply with regulation in the industry. Thomas is also noted for his market infrastructure expertise and continues to advise the Astana International Financial Centre (AIFC) on the development of its legal and regulatory framework.

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Hogan Lovells US LLP

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    After years of debate, on 14 June 2012 and in its last days of office, the Legislative Council finally enacted Hong Kong’s first cross- sector competition law.
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