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Michael McKee

Work 020 7153 7468
DLA Piper LLP (US)

Work Department

Financial services regulatory.


Michael McKee is head of the firm’s European financial services regulatory practice. The financial services group services clients across the full spectrum of financial services. The financial services practice deals with both contentious and non-contentious regulatory issues. Michael has over 30 years’ experience in the financial services sector having practised at major international law firms in London and with several years of in-house experience at Citigroup where he provided legal advice to the trading floor and other parts of the business. Michael also has wide-ranging experience of banking, investment banking, funds and investment firms issues having worked for some years as executive director at the British Bankers Association where he led the negotiation of major European directives such as the markets in Financial Instruments Directive and the Market Abuse Directive on behalf of the banking industry in the UK. His deep understanding of financial services law and regulation includes a wide range of contacts within the Prudential Regulation Authority and the Financial Conduct Authority and contacts with regulators across Europe and elsewhere.


Wilde Sapte 1988-1991 (solicitor); Clifford Chance 1991-1998 (solicitor); Citibank 1998-2000 (in-house lawyer); British Bankers’ Association 2000-2008 (executive director); DLA Piper UK LLP 2008 – date (partner). Publications of note: consulting editor of ‘The Law of Corporate Governance of Banks’ [2015 – Elgar Publishing] and a wide range of articles and papers in journals such as the Journal of International Banking Law and similar banking and regulatory law journals.


UK financial services business’ International Regulatory Strategy Group Executive Board and many financial services industry working groups; Liveryman of Worshipful Company of International Bankers; Member of Chartered Institute of Arbitrators.


Queens’ College, Cambridge, LL.M, 1st Class Hons, 1986; Queen Mary College, University of London, Post-Graduate Diploma in International Arbitration, Distinction, 1990.

London: Corporate and commercial

Financial services

Within: Financial services

Well plugged into the financial services firmament and with strong ties with the retail and investment banking sector in particular, DLA Piper provides 'responsive and commercial' expertise across all the key regulatory issues affecting their businesses, both from a domestic perspective, as well as internationally where it is also able to tap into the expertise of practitioners situated in many important global jurisdictions including Hong Kong and Washington, DC. Benefiting from many years' experience in private practice as well as a stint in-house at Citigroup, Michael McKee has significant credibility in the industry and has been particularly active of late advising clients on the implications of the recently enacted Senior Managers Regime. McKee is also regularly called upon to provide the regulatory overlay on financial services M&A; he was recently part of a cross-office team which represented the Australian financial technology solutions provider Link Group on the £888m acquisition of the UK-based Capita Asset Services. Other recommended practitioners include former FSA alumni Tony Katz, who heads up the firm's financial services and investigations team, and Sam Millar, who despite having a litigation background, is regularly involved in advisory regulatory matters, often in the context of strategic M&A transactions in the sector. Clients include UBS, Standard Chartered and MoneyCorp.

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London: TMT (technology, media and telecoms)


Within: Fintech

The team at DLA Piper fields 'excellent, knowledgeable' lawyers and 'excels in the strength and depth of its global practice'. It is singled out by clients for being 'first choice' for payments work, though the practice is active in a wide range of areas including regtech, robo-advice, new-model funding and cryptocurrencies; it acts for financial institutions as well as fintech start-ups. Technology expert Anthony Day, who heads the group jointly with financial services specialist Martin Bartlam, assisted Zurich with launching a new online platform aimed at SME customers across Europe. The team also advised Nutmeg on regulatory matters, particularly MiFID-related issues surrounding its wealth management technology. On the corporate side, Day and Luca Gori advised Aviva on its £20m investment in Wealthify as well as on its investments into Canadian real estate marketplace platform Casalova. Ben Forgiel-Jenkins acted for Euronext on its $10m investment in Algomi. On the start-up side, Jon Kenworthy advised blockchain company Luther Systems on its £1m funding by several investors. The London Stock Exchange and iYield are additional fintech clients. Financial services experts Steven Krivinskas and Bryony Robottom, who have recently been very busy in ICOs and new-model funding respectively, made partner in May 2018. Financial services specialist Michael McKee is also recommended.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.‚Ä©
    - DLA Piper UK LLP

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