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Linklaters LLP

Living Wage
ONE SILK STREET, LONDON, EC2Y 8HQ, ENGLAND
Tel:
Work 020 7456 2000
Fax:
Fax 020 7456 2222
DX:
10 LONDON CITY EC3
Email:
Web:
www.linklaters.com
Abu Dhabi, Amsterdam, Antwerp, Bangkok, Beijing, Berlin and 25 more

Harry Eddis

Tel:
Work 020 7456 3724
Email:
Web:
www.linklaters.com/AboutUs/OurPeople/Pages/HarryEddis.aspx
Linklaters LLP

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.

Member

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)).


London: Corporate and commercial

Financial services: contentious

Within: Financial services: contentious

Linklaters LLP has a well-established reputation for advising multinational banks and asset managers on complex multijuristictional issues, handling the full range of both contentious and non-contentious matters. On the non-contentious side, areas of specialism include Brexit advice, ring-fencing and the growing fintech industry. Martyn Hopper leads the contentious and non-contentious financial regulatory teams respectively, which work closely together - an example being the 'insightful and influential' Nikunj Kiri, who acts in both areas. Also notable is 'bright, excellent communicator' Alison Wilson, who has extensive bank sector and contentious regulatory expertise. Focusing on non-contentious matters, Michael Kent is well regarded for handling projects involving consortia of banks or asset managers; while Peter Bevan has particular expertise in new product development, trading issues such as market abuse and regulatory structuring advice. Also notable are fintech specialist Harry Eddis; newly promoted Sebastian Barling; and Julia Dixon, who co-led the firm's team advising PwC on the administration of stockbroker Beaufort Securities, which was placed into insolvency following an application by the FCA. On the contentious side the department has particular expertise in relation to enforcement investigations, as well as solo-PRA and joint PRA/FCA investigations in the wholesale banking and insurance sectors. Also recommended are counsels Alastair Holt and Elizabeth Dowd and managing associate Raza Naeem.

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Financial services: non-contentious/regulatory

Within: Leading individuals

Harry Eddis - Linklaters LLP

Within: Financial services: non-contentious/regulatory

Linklaters LLP has a well-established reputation for advising multinational banks and asset managers on complex multijuristictional issues, handling the full range of both contentious and non-contentious matters. On the non-contentious side, areas of specialism include Brexit advice, ring-fencing and the growing fintech industry. Martyn Hopper leads the contentious and non-contentious regulatory teams respectively, which work closely together - an example being the 'insightful and influential' Nikunj Kiri, who acts in both areas. Also notable is 'bright, excellent communicator' Alison Wilson, who has extensive bank sector and contentious regulatory expertise. Focusing on non-contentious matters, Michael Kent is well regarded for handling projects involving consortia of banks or asset managers; while Peter Bevan has particular expertise in new product development, trading issues such as market abuse and regulatory structuring advice. Also notable are fintech specialist Harry Eddis; newly promoted Sebastian Barling; and Julia Dixon, who co-led the firm's team advising PwC on the administration of stockbroker Beaufort Securities, which was placed into insolvency following an application by the FCA. On the contentious side the department has particular expertise in relation to enforcement investigations, as well as solo-PRA and joint PRA/FCA investigations in the wholesale banking and insurance sectors. Also recommended are counsels Alastair Holt and Elizabeth Dowd and managing associate Raza Naeem.

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London: Risk advisory

Brexit

Within: Brexit

Linklaters LLP fields a global team of experts, led by global competition chair  Christopher Bellamy QC and corporate partner  Lucy Fergusson  to advise clients on the full range of Brexit-related risks and strategies. The cross-practice group is particularly active with financial services clients, handling a variety of issues including contingency planning and cross-border reorganisations .Other  key names in this group include global head of finance and projects Michael Kent, Peter Bevan, who leads the financial regulation group, and global co-head of fintech Harry Eddis. Deepak Sitlani and Mark Brown are the primary contacts for capitals markets-related issues, Nicole Kar heads up the UK competition group, and Charlotte Morgan leads the global energy and infrastructure practice.

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London: TMT (technology, media and telecoms)

Fintech

Within: Leading individuals

Harry Eddis - Linklaters LLP

Within: Fintech

Linklaters LLP's fintech group acts for financial institutions and major banks, disruptive technology companies, many of which operate in the payments space, and crowdfunding platforms. The team frequently advises start-ups on the regulatory considerations of developing new digital tokens or payment systems, often based around utilising distributed ledger technology, and also advises large-scale fintech companies on setting up global banking structures that comply with regulatory standards. More broadly the practice is involved in fundraising work (ICOs/IPOs), corporate investments such as M&A and joint ventures, data governance, AI and cloud computing, and in advising on the use of blockchain platforms and smart contracts across a range of industries. Joint practice heads Julian Cunningham-Day and Richard Hay advise leading financial institutions on major technology projects, whereas Fionnghuala Griggs acts on corporate matters such as M&A and bank consortium projects. In a recent mandate, financial services regulatory partner Harry Eddis advised a Singapore-based start-up on the creation, transfer and issuance of digital tokens on a private blockchain.

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