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James is a financial regulatory lawyer, offering advice across the banking, broker dealer and asset management space.
James Greig was formerly at The Bank of New York Mellon, where he was associate general counsel, and regulatory counsel for Europe, the Middle East and Africa and head of the office of public policy and regulatory affairs, advising BNYM and its subsidiaries on the legal and regulatory issues arising from all EMEA regulatory matters and leading BNYM's EMEA regulatory engagement and advocacy. James also worked with BNYM's US teams driving forward EMEA compliance with the major US regulatory initiatives impacting EMEA operations.
James also served as a member of the Prudential Regulatory Board of AFME, focused on the prudential reform agenda and was a member of the operating committee of the International Securities Settlement Association, where, amongst other initiatives, he helped develop ISSA's Financial Crime Compliance Principles.
Prior to BNY Mellon, Greig was a partner in private practice with PwC's financial regulatory group in London and also at US law firm WilmerHale in New York, where he served both buy-side and sell side clients.
Having worked in the UK and the US and in both private practice and in-house at a senior level, James has an intimate understanding of the challenges facing banks combined with a unique grasp of the regulatory environments in the US, the UK and across EMEA, particularly on how banks, broker dealers and asset managers are practically affected and can respond to regulatory change.
James co-chaired BNYM's EMEA regulatory change steering committee, and he and his team were involved in the BNYM's planning and implementation of all the major UK and EMEA wide regulatory change programmes, including preparing for MiFID II, the new Market Abuse Regime, the UK's Senior Management and Certification regime and BRRD.
In addition to driving pro-active responses to externally driven regulatory change, James was also involved in the BNYM's various internal and external projects to enhance systems and processes to reflect the dynamically changing market place and changing regulatory expectations of a GSIB, including working on task forces to consider the balance sheet impacts of BRRD and the US's TLAC regime. James was also deeply involved with BNYM's Brussels based bank subsidiary across the range of the regulatory requirements to which it was subject and its evolution to being regulated by the ECB, subject to SSM and the SRB.
In the advocacy space, James led BNYM's team focused on responding to regulatory proposals across Europe, whether emanating from the Commission, the EBA or ESMA as well as from UK based regulators.
James was also a member of BNY's European operating committee, the anti-money laundering oversight, Recovery and Resolution and Brexit committees.
James has a very wide range of experience, gained both in private practice and in-house which gives him an almost unique breadth of perspective. He understands not only the legal environment within which financial markets participants operate but also the practical constraints that the various stakeholders in financial institutions have to deal with.