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Simmons & Simmons

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Richard Bunce

Work 020 7628 2020
Simmons & Simmons

Work Department

Dispute resolution.


Richard is a partner in the London finance litigation group and also a member of the firm’s crime, fraud and investigations group. He is a specialist in contentious matters arising in the banking, debt capital markets and financial services industry sectors. His practice involves advising on a wide range of legal issues and he has considerable experience of dealing with a broad range of complex, high-value commercial disputes and problems. His practice has a strong international focus. Richard also undertakes regulatory investigations. The client base Richard works with is predominantly financial institutions. These principally comprise of investment banks and commercial banks, and also include trust corporations, investment managers and other financial services providers. Richard is recognised as an expert in banking litigation and claimant fraud.


Trained Simmons & Simmons; qualified 1990; secondment to the firm’s capital markets group.

London: Dispute resolution

Banking litigation: investment and retail

Within: Leading individuals

Richard Bunce - Simmons & Simmons

Within: Banking litigation: investment and retail

Simmons & Simmons’ international financial markets litigation group is 'simply outstanding, responsive, thorough, detailed and creative'. It focuses on contentious work for financial institutions, asset managers and hedge funds; and the practice combines expertise in financial markets litigation, investigations and contentious regulatory matters, and financial crime. Tim Boyce, who heads the financial markets litigation practice, acts for financial institutions in regulatory investigations, disputes and fraud claims; and Robert Turner’s experience includes acting for Icelandic bank Kaupthing in Commercial Court proceedings, relating to a multi-currency debt of over £300m and high-value assets provided as security for the debt; the proceedings in London raised complex factual and legal issues relating to fraud, market abuse, insider dealing and the enforceability of contracts for an illegal purpose, among others; Turner is 'simply excellent; clients appreciate his calm demeanour and his incisive and clinical approach'. Other highly regarded practitioners include Richard Bunce, whose practice is based exclusively on financial markets disputes and has a strong international focus and Caroline Hunter-Yeats, who has a particular focus on wealth management firms and complex products sold to high-net-worth investors as well as senior partner Colin Passmore, Ed Crosse, Robert Allen, Paul Baker and Alexander Thavenot.

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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

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