Headed up by Ferdisha Snagg, recognised by clients for her ‘wealth of diverse experience’, the Cleary Gottlieb Steen & Hamilton team stands out for its seamless collaboration with the firm’s EU and US departments, handling a range of complex regulatory matters, including derivatives, regulatory capital, bank structural reform and capital markets transactions. Snagg’s workload covers EU financial markets regulation, Basel III implementation, and financial collateral arrangements, with a niche specialism in the evolving legal frameworks surrounding distributed ledger technology and cryptoassets.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘The team is very responsive and pragmatic; they have taken the time to get to know our business and are therefore able to provide commercially viable advice.’
- ‘Ferdisha Snagg brings a wealth of diverse experience, which means she is able to provide extremely well-reasoned advice, which is always clear and comprehensive.’
- ‘The team's ability to deliver joined-up, multi-jurisdiction solutions to complex financing and collateral problems, addressing key structural, legal and regulatory issues in a seamless way is a significant differentiator.’
- ‘Ferdisha is a trusted advisor to us and has an incredibly broad and diverse regulatory practice. She can turn her mind to anything and is able to problem-solve complex situations, drawing on other practice areas within Cleary where needed. She is extremely responsive and turns around requests quickly even though her team is very lean. Given she is at a US firm, her rates are very reasonable and she is always open to discussion regarding fees.’
- ‘The CG team is composed of highly skilled professionals who bring a wealth of experience and expertise to the table. They deliver exceptional results and provide innovative solutions to their clients' challenges. Their diverse backgrounds and perspectives allow them to approach problems from various angles, ensuring that they find the best possible outcomes. They engage appropriately the experts for any matter, including counsel practicing in various jurisdictions ,which is critical for clients operating worldwide.'
- ‘Very quick response times, good accessibility of people, clear answers are being provided.’
Key clients
- Edenred
- BNP Paribas
- LivaNova PLC
- SIFMA/SIFMA AMG
- Santander UK
Work highlights
Advised EDENRED on the financial regulatory aspects of its partnership with Monese, a banking services provider.
Acted as English law counsel to the Securities Industry and Financial Markets Association (SIFMA) in relation to industry clearing agreements that will be used by global market participants in connection with the U.S. Securities and Exchange Commission’s clearing mandate for U.S. treasuries.
Advised various banks on the application of European derivatives and securitisation regulatory frameworks to structured financings.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Ferdisha Snagg
Other key lawyers
Polina Lyadnova