Linklaters LLP

Financial regulation

Clare is a barrister specialising in contentious financial regulation, having joined Linklaters as counsel from the Enforcement Division of the UK’s Financial Conduct Authority.

Her experience includes advising banks, insurance companies and asset managers on FCA and PRA enforcement investigations, the UK senior management and certification regime (SMCR) and anti-money laundering (AML) obligations. Investigations where she has played a leading role have covered a range of subjects including prudential issues, market conduct, treating customers fairly, and systems, controls and governance. Her matters often involve managing the risks associated with parallel proceedings against firms and individuals or in multiple jurisdictions.

She has particular expertise in the conduct of skilled persons reviews under s166 FSMA, leading delivery of such a review and assisting firms with their response to reviews conducted by others.

Prior to joining Linklaters, Clare spent ten years within the Enforcement and Market Oversight Division of the Financial Conduct Authority. During that time she led some of the regulator’s most high profile enforcement investigations, many with an international element. Matters included:

• Corporate governance and senior management responsibilities
• Insider dealing and market abuse
• Fair treatment of customers
• Listing rules breaches
• Parallel investigations into FX misconduct

She has advised on contested applications for authorisation and approval, and has appeared before the FCA’s Regulatory Decisions Committee, the Upper Tribunal and the higher courts.

Prior to qualifying as a barrister, Clare worked as a management consultant at Oliver, Wyman & Company.