The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Simmons & Simmons

CITYPOINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9SS, ENGLAND
Tel:
Work +44 20 7628 2020
Fax:
Fax +44 20 7628 2070
DX:
12 LONDON CHANCERY
Email:
Web:
www.simmons-simmons.com

Neil Simmonds

Tel:
Work 020 7825 3151
Email:
Simmons & Simmons

Position

Neil specialises in investment funds (both onshore and offshore) with emphasis on open-ended products including UCITS in Ireland, Luxembourg and the UK as well as hedge funds and funds of hedge funds in the Cayman Islands and other offshore jurisdictions. He also advises extensively on portfolio management agreements and generally on compliance and regulatory issues.

Career

Worked at the Investment Management Association (closely involved in the introduction of OEICs/ ICVCs in the UK and was responsible for the model instrument of incorporation now used extensively by the industry); worked at a City law firm; partner Simmons & Simmons 2003; regularly speaks at conferences and contributes articles on related subjects.


London: Investment fund formation and management

Retail funds

Within: Retail funds

Simmons & Simmons' team has vast expertise in regulatory and commercial issues impacting the retail funds sphere. It generates work from a broad client base, including investment banks, funds and fund managers, brokers and insurance companies. Neil Simmonds leads the group, which has been advising clients on matters such as the implementation of the Senior Managers and Certification  Regime and Brexit planning. In addition to assisting with the establishment of funds, the team also advises on regulatory requirements across multiple jurisdictions, licensing, registration and setting up commercial arrangements with distributors. Simmonds works closely with Mahrie Webb and Catherine Weeks. Associate John Dooley, managing associate Tristram Lawton and Ursula Goniszewska are other key practitioners in the team, as is supervising associate Andrew Desmond.

[back to top]


Back to index

Legal Developments by:
Simmons & Simmons

  • Failure to counter financial crime: Norwich Union Life

    In December 2007, the Financial Services Authority (FSA) imposed a fine of £1.26m on Norwich Union Life (part of the Aviva Group), one of the largest life insurance businesses in the UK with around seven million customers. The fine related to failures to take reasonable care to establish and maintain effective systems and controls for countering the risks of financial crime. The fine is the latest confirmation of the emphasis being placed on protecting clients and customers from the threat of financial crime.
    - Simmons & Simmons

Legal Developments in London

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to