Patrick is a partner in the corporate division specialising in financial services regulation. Patrick joined Herbert Smith in September 2007, having previously been European Regulatory Counsel at Lehman Brothers. He has experience across a wide range of financial services regulatory issues and is particularly known for his expertise relating to the Markets in Financial Instruments Directive (MiFID). His practical experience of working in a major investment bank and understanding of the regulatory policy process in the UK and Europe gives him a unique perspective when advising clients on regulatory compliance issues.
Credentials
- Pivotal role in the structuring of Lehman Brothers' MiFID implementation programme
- Acting as lead legal and regulatory adviser to Lehman Brothers' MiFID implementation programme. Patrick is particularly known for his industry work relating to the MiFID best execution requirements
- Key role in the implementation of the Market Abuse Directive across Lehman Brothers' European businesses, including the preparation of new internal procedures for stabilisation, buy-backs, insider lists, suspicious transaction reporting and research
- Key role in the expansion of Lehman Brothers’ European commodity and energy trading business, including conduct of a multi-jurisdictional review, finalisation of entity arrangements and preparation of internal procedures governing trading arrangements in major European jurisdictions