Nick Bonsall > Slaughter and May > London, England > Lawyer Profile

Slaughter and May
ONE BUNHILL ROW
LONDON
EC1Y 8YY
England

Living Wage

Work Department

Financial Regulation
Global Investigations
Banking and Finance
Cyber
Regulatory Capital

Position

Partner; Nick is a partner in our Financial Regulation Group and a member of our Financial Institutions Group. He has a broad financial institutions practice, with extensive experience advising insurers, banks and asset managers on a range of stand-alone advisory and transactional projects. Nick also supports financial services clients on supervisory and contentious regulatory matters concerning UK and overseas regulators.

He is regularly called upon to advise on complex prudential regulatory matters, and has a keen interest in and understanding of the EU / UK regulatory regimes for solvency/own funds and governance, and also on transactions designed to create capital efficiency or otherwise be accretive to solvency / capital ratios.

Nick frequently advises on financial institution reorganisations and portfolio acquisitions/disposals, including by way of the UK Part VII process. As part of this work, he advised one of the largest UK retail banks throughout its preparation for and implementation of measures to comply with the UK retail banking ring-fencing regime.

Nick is a member of Slaughter and May’s Brexit Committee and sits on the Financial Markets Law Committee’s scoping group for insurance. He is the co-author of the UK chapter of The Banking Regulation Review and the author of the EU chapter of The Asset Management Review (both published by Law Business Research).

Career

Joined Slaughter and May 2007. Partner since 2016. Nick is a co-author of the United Kingdom chapter of the Banking Regulation Review.

Lawyer Rankings

London > Insurance > Insurance: corporate and regulatory

Slaughter and May remains at the forefront of the insurance industry through the ‘depth and breadth‘ of its offering, with a strong offering across the full range of transactional, regulatory, and strategic matters. Able to draw upon the firm’s leading regulatory capital, financial regulation, and insurance disputes teams among other practices, the firm is well-placed to comprehensively service the most high-profile insurers in their major, cross-border mandates. Jonathan Marks heads the insurance group with a broad corporate and insurance practice that covers the life and non-life sectors. Nick Bonsall deploys his ‘encyclopaedic knowledge of insurance regulation‘ in addition to his experience across the wider financial services sector. Natalie Cook and Nick Pacheco are both part of the wider corporate and financial services group, and have advised major insurers on their multijurisdictional operations in respect of strategy and structuring issues. Senior counsel Thomas Peacock and Edward Steward are also of note, bringing expertise in the risk transfer market, and insurance and banking business transfer schemes respectively. Craig Cleaver retired from partnership in December 2022 and Robert Chaplin  departed the firm in October 2022 to join Skadden, Arps, Slate, Meagher & Flom (UK) LLP.

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

(Next Generation Partners)

Nick BonsallSlaughter and May

Fielding a team of ‘high-quality lawyers with excellent market knowledge and commercial acumen’, Slaughter and May handles a broad range of financial services regulatory matters, including advisory issues, such as policy developments, and the regulatory aspects of large-scale transactions. Practice leader Jan Putnis services a diverse roster of financial institutions, with notable expertise in cross-border corporate and commercial transactions, while Nick Bonsall acts for insurers, banks and asset managers, demonstrating a keen interest in the EU/UK regulatory regimes for solvency/own funds and governance. Other key contacts in the team include senior counsels Kristina Locmele and Tim Fosh, and ‘pragmaticDavid Shone. Head of the EU financial regulation practice Sabine Dittrich joined the firm from UBS Asset Management in January 2023.