Harry Eddis > Linklaters LLP > London, England > Lawyer Profile

Linklaters LLP
ONE SILK STREET
LONDON
EC2Y 8HQ
England

Work Department

Financial regulation

Position

Harry has long-standing expertise in financial markets regulation, and regularly advises banks, broker-dealers, investment managers and other financial services institutions on all issues related to their regulated status. In addition, he offers guidance on perimeter issues, such as authorisation requirements, market abuse and market conduct requirements, as well as wholesale market infrastructure. Recently, Harry has been advising on MiFID II and Brexit issues for a broad range of financial service institutions as well as industry bodies.

Harry is a market-leading expert on clearing platforms, advising both banks and Central Clearing Counterparties (CCPs) on a number of projects involving the structure of clearing arrangements across a wide range of product types, including credit default swaps (CDSs), IRS, commodities and foreign exchange (FX) products.

Harry has leveraged his regulatory and market expertise over the years in relation to FinTech, advising BrokerTec and SwapsWire on the establishment of electronic trading and post-trade platforms. Harry continues to be a leader in this field, currently advising a consortium of banks on FinTech issues and being a regular speaker at FinTech events.

Harry spent more than four years with a major investment bank, covering equity derivatives, advising on the structuring and distribution of derivative products. This experience gave Harry particular insight into the way in which financial institutions operate and a deep understanding of complex financial instruments.

Work highlights:

Harry has an extensive financial regulatory practice. The breadth of his practice includes advising, among others:

  • Regulatory change: advising on the implications of the Markets in Financial Instruments Directive (MiFID2). Other recent matters have included advising on market conduct, the foreign exchange (FX) remediation programme, the senior managers regime (SMR), the impact of the senior management arrangements, systems and controls (SYSC) regime and Client Assets and Money (CASS) implementation
  • New structures: advising on the creation and structuring of trading and clearing platforms, including NASDAQ, OTCDeriv and a consortium in the process of setting up a precious metals exchange and clearing platform
  • Pre-contentious regulatory: advising on various FX reviews and remediation and market conduct investigations, including advising major banks on their policies and procedures to comply with the senior managers function (SMF)
  • Contentious regulatory: advising a number of major banks on FX manipulation investigations and market abuse and conduct reviews, as well as carrying out “Shadow S166” reviews alongside regulators
  • Financial sector corporate activity: advising on the financial regulatory aspects of IPOs and other corporate transactions

Career

Linklaters 1996-2004; associate, solicitor Travers 2004-06; executive director Morgan Stanley 2006-10; counsel Linklaters, London 2010-12, partner Linklaters, London 2012 to date.

Memberships

Working group for the AFME Global FX Division

Education

Eton College (1989); Durham University (1993 Politics and Philosophy 2(1) (Hons)); College of Law (1994 Common Professional Examination (commendation); 1995 Legal Practice Course (distinction)).

Lawyer Rankings

London > Corporate and commercial > Financial services: non-contentious/regulatory

(Leading individuals)

Harry EddisLinklaters LLP

The ‘stellar’ financial regulation group at Linklaters LLP continues to showcase its capability in handling high-risk and multi-jurisdictional issues, from post-implementation MiFID II matters, CSRD, ESG and Brexit-related work to fintech and payments mandates, among others. Practice leader Martyn Hopper advises investment banks, retail banks, insurers, asset managers and listed companies on regulatory compliance work, and Michael Kent ‘provides exceptional advice’ on matters concerning MiFID II, market abuse and cross-border licensing and conduct issues. Peter Bevan acts for investment managers, private banks, hedge funds and private equity funds, with demonstrable experience advising on new product development and marketing, trading issues and regulatory structuring, while Harry Eddis stands out for his expertise in the fintech arena. Raza Naeem, who handles matters concerning ESG, wholesale and retail conduct, licensing and governance, is another key contact in the team. Carl Fernandes re-located to the firm’s Hong Kong office.

London > TMT (technology, media and telecoms) > Fintech

(Hall of Fame)

Harry EddisLinklaters LLP

A diverse mix of financial institutions, payment servicers providers and disruptive start-ups turn to Linklaters LLP for its ‘excellent guidance through the relatively uncharted waters of fintech’. The team is especially well regarded for its expertise across blockchain, the digitialisation of financial markets and products, payment systems, investment in fintech, and data and tech investigations, enforcement and litigation proceedings. Global practice co-head Julian Cunningham-Day is equipped to advise on the commercial and regulatory aspects of complex collaborations, while fellow global co-head Harry Eddis is an authority on novel ways to deliver payments services. Fionnghuala Griggs, also a global co-head, frequently advises on M&A deals in the fintech arena. UK head of fintech Richard Hay’s workload includes international projects involving digital securities, while Michael Voisin is noted for his wide-reaching work on derivatives-related activities. Ben Packer, Lisa Chang and Sam Quicke are further key contacts at the firm.